Yatra Online Acquires Globe All India Services Limited
Ticker: YTRA · Form: 6-K · Filed: Sep 3, 2024 · CIK: 1516899
| Field | Detail |
|---|---|
| Company | Yatra Online, Inc. (YTRA) |
| Form Type | 6-K |
| Filed Date | Sep 3, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, transportation, foreign-private-issuer
TL;DR
Yatra Online just bought Globe All India Services Limited. Big move for their India ops.
AI Summary
On September 2, 2024, Yatra Online, Inc. announced the acquisition of Globe All India Services Limited through its subsidiary, Yatra Online Limited. This filing is a Form 6-K, indicating it's a report from a foreign private issuer.
Why It Matters
This acquisition could expand Yatra Online's service offerings and market reach within India's transportation sector.
Risk Assessment
Risk Level: low — This is a routine 6-K filing announcing a standard business acquisition, with no immediate financial distress or significant negative news.
Key Players & Entities
- Yatra Online, Inc. (company) — Registrant
- Globe All India Services Limited (company) — Acquired entity
- Yatra Online Limited (company) — Subsidiary of Yatra Online, Inc.
- September 02, 2024 (date) — Acquisition date
FAQ
What is the primary purpose of this Form 6-K filing?
The primary purpose of this Form 6-K filing is to report the acquisition of Globe All India Services Limited by Yatra Online, Inc. through its subsidiary, Yatra Online Limited.
When did the acquisition of Globe All India Services Limited take place?
The acquisition of Globe All India Services Limited took place on September 02, 2024.
Which subsidiary of Yatra Online, Inc. is involved in the acquisition?
Yatra Online Limited, a subsidiary of Yatra Online, Inc., is involved in the acquisition of Globe All India Services Limited.
What type of company is Yatra Online, Inc. according to this filing?
According to this filing, Yatra Online, Inc. is a foreign private issuer.
What is the SIC code listed for Yatra Online, Inc.?
The Standard Industrial Classification (SIC) code listed for Yatra Online, Inc. is 4700, which corresponds to Transportation Services.
Filing Stats: 570 words · 2 min read · ~2 pages · Grade level 13.6 · Accepted 2024-09-03 07:30:17
Filing Documents
- form6-k.htm (6-K) — 28KB
- ex99-1.htm (EX-99.1) — 21KB
- 0001493152-24-034710.txt ( ) — 50KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. YATRA ONLINE, INC. Date: September 03, 2024 By: /s/ Dhruv Shringi Dhruv Shringi Chief Executive Officer 3