Business
Yatra Online, Inc. to Hold Annual General Meeting on September 28, 2023
Gurugram, India and New York, New York--(Newsfile Corp. - September 1, 2023) - Yatra Online, Inc. (NASDAQ: YTRA) (the "Company"), India's leading corporate
About this update from Yatra Online, Inc.
[{"type":"text","content":"Gurugram, India and New York, New York--(Newsfile Corp. - September 1, 2023) - Yatra Online, Inc. (NASDAQ: YTRA) (the \"Company\"), India's leading corporate travel services provider and one of India's leading online travel companies, today announced that it plans to hold its 2023 Annual General Meeting (the \"AGM\") on Thursday, September 28, 2023, at 6:00 P.M, local time, at the Company's India office located at Gulf Adiba, Plot No. 272, 4th Floor, Udyog Vihar, Phase-II, Sector-20, Gurugram-122008, Haryana, India.\nPursuant to the Company's Amended and Restated Memorandum and Articles of Association, on or about September 01, 2023, the Company will mail a Notice of Annual General Meeting and an accompanying proxy statement to the Company's shareholders of record as of August 31, 2023.\nThis year shareholders will be asked to vote on the following proposals:\n1. Approval of an ordinary resolution to re-appoint Ms. Neelam Dhawan, Class I director nominee, to the Board of Directors to serve for a three-year term expiring at the 2026 annual general meeting.\n2. Approval of an ordinary resolution to re-appoint Mr. Roshan Mendis, Class I director nominee, to the Board of Directors to serve for a three-year term expiring at the 2026 annual general meeting.\n3. Approval of an ordinary resolution to re-appoint Mr. Michael A. Kaufman, Class I director nominee, to the Board of Directors to serve for a three-year term expiring at the 2026 annual general meeting.\n4. Approval of an ordinary resolution to ratify the appointment of Ernst & Young Associates LLP as our independent registered public accountant for the fiscal year ending March 31, 2024, and,\n5. Approval of a special resolution for the issuance of Ordinary Shares pursuant to the Note Purchase Agreement dated October 05, 2022, as amended, between Yatra Online, Inc. and MAK Capital Fund, LP (\"Purchase Agreement\").\nThe Board of Directors (the \"Board\") recommends a vote FOR Proposal Nos. 1, 2, 3, 4 and 5. These proposals are described in the Proxy Statement, which shareholders are encouraged to read fully. The Board will also consider any additional business that may be properly brought before the AGM.\nThe Board has fixed August 31, 2023 as the record date for the determination of shareholders entitled to notice of, and to vote at, the AGM and any adjournment thereof. Only hol...