| Related Parties |
Related parties and nature of related party relationships:
|
|
|
Nature of relationship |
|
Name of related parties |
Key management personnel |
|
Deep Kalra |
Key management personnel |
|
Rajesh Magow |
Key management personnel |
|
Mohit Kabra |
Key management personnel |
|
Aditya Tim Guleri |
Key management personnel |
|
James Jianzhang Liang# |
Key management personnel |
|
Paul Laurence Halpin# |
Key management personnel |
|
Jane Jie Sun# |
Key management personnel |
|
Xing Xiong# |
Key management personnel |
|
May Yihong Wu (from May 15, 2024) |
Key management personnel |
|
Moshe Rafiah# (from May 15, 2024) |
Key management personnel |
|
Hashim Joomye (from May 14, 2025) |
Key management personnel |
|
Cindy Xiaofan Wang# (up to May 15, 2024) |
Key management personnel |
|
Xiangrong Li (up to May 15, 2024) |
Entity providing key management personnel services |
|
IQ EQ Corporate Services (Mauritius) Limited (up to May 14, 2025) |
Entity having significant influence over the Company
and its subsidiaries |
|
Trip.com Group Limited and its subsidiaries |
Equity-accounted investee |
|
Saaranya Hospitality Technologies Private Limited |
Equity-accounted investee |
|
PasajeBus SpA |
Equity-accounted investee |
|
Savaari Car Rentals Private Limited (from December 1, 2023 to January 17, 2024) (refer note 7 (d)) |
Equity-accounted investee |
|
Simplotel Technologies Private Limited (up to September 28, 2022) (refer note 8 (a)) |
|
|
|
# nominees of Trip.com Group, Limited (Trip.com) (A)Key management personnel: Key management personnel compensation comprised:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the year ended March 31 |
|
Transactions |
|
2023 |
|
|
2024 |
|
|
2025 |
|
Short-term employee benefits |
|
|
1,997 |
|
|
|
1,937 |
|
|
|
1,878 |
|
Post-employment benefits |
|
|
88 |
|
|
|
129 |
|
|
|
80 |
|
Other long-term benefits |
|
|
14 |
|
|
|
10 |
|
|
|
6 |
|
Share based payment |
|
|
12,015 |
|
|
|
11,425 |
|
|
|
8,130 |
|
Legal and professional |
|
|
84 |
|
|
|
84 |
|
|
|
152 |
|
Total |
|
|
14,198 |
|
|
|
13,585 |
|
|
|
10,246 |
|
|
|
|
|
|
|
|
|
|
|
|
As at March 31 |
|
Balance Outstanding |
|
2024 |
|
|
2025 |
|
Employee related payables |
|
|
589 |
|
|
|
608 |
|
Accrued expenses |
|
|
75 |
|
|
|
107 |
|
(B)Entity providing key management personnel services:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the year ended March 31 |
|
Transactions |
|
2023 |
|
|
2024 |
|
|
2025 |
|
Key management personnel services |
|
|
7 |
|
|
|
7 |
|
|
|
8 |
|
Consultancy services |
|
|
20 |
|
|
|
25 |
|
|
|
59 |
|
(C)Entity having significant influence over the Company and its subsidiaries:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the year ended March 31 |
|
Transactions |
|
2023 |
|
|
2024 |
|
|
2025 |
|
Sale of air ticketing^ |
|
|
768 |
|
|
|
1,538 |
|
|
|
4,899 |
|
Purchase of air ticketing^ |
|
|
40,954 |
|
|
|
96,996 |
|
|
|
78,372 |
|
Sale of hotels and packages^ |
|
|
5,192 |
|
|
|
3,005 |
|
|
|
14,758 |
|
Purchase of hotels and packages^ |
|
|
14,575 |
|
|
|
16,595 |
|
|
|
31,401 |
|
Commission received |
|
|
100 |
|
|
|
51 |
|
|
|
287 |
|
Commission paid |
|
|
673 |
|
|
|
402 |
|
|
|
1,530 |
|
Marketing alliances |
|
|
50 |
|
|
|
180 |
|
|
|
1,736 |
|
Other operating expenses |
|
|
4,572 |
|
|
|
5,268 |
|
|
|
7,560 |
|
Advance given |
|
|
— |
|
|
|
— |
|
|
|
596 |
|
Advance given received back |
|
|
— |
|
|
|
— |
|
|
|
596 |
|
^ represents gross amount booked/charged for the air ticketing and hotels and packages transactions.
|
|
|
|
|
|
|
|
|
|
|
As at March 31 |
|
Balance Outstanding |
|
2024 |
|
|
2025 |
|
Trade and other receivables |
|
|
344 |
|
|
|
2,762 |
|
Trade payables |
|
|
6,611 |
|
|
|
5,965 |
|
Advance to suppliers |
|
|
179 |
|
|
|
171 |
|
(D)Equity-accounted investees: a)Saaranya Hospitality Technologies Private Limited
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the year ended March 31 |
|
Transactions |
|
2023 |
|
|
2024 |
|
|
2025 |
|
Repayment of loan given |
|
|
— |
|
|
|
24 |
|
|
|
24 |
|
Interest income |
|
|
4 |
|
|
|
2 |
|
|
|
2 |
|
|
|
|
|
|
|
|
|
|
|
|
As at March 31 |
|
Balance Outstanding |
|
2024 |
|
|
2025 |
|
Receivable from related party |
|
|
24 |
|
|
|
— |
|
Interest accrued |
|
* |
|
|
|
— |
|
* less than 1
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the year ended March 31 |
|
Transactions |
|
2023 |
|
|
2024 |
|
|
2025 |
|
Ancillary services |
|
|
168 |
|
|
|
150 |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
As at March 31 |
|
Balance Outstanding |
|
2024 |
|
|
2025 |
|
Trade and other receivables |
|
|
20 |
|
|
|
19 |
|
c)Savaari Car Rentals Private Limited
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the year ended March 31 |
|
Transactions |
|
2023 |
|
|
2024 |
|
|
2025 |
|
|
|
|
|
|
|
|
|
|
|
Other travel services - purchase for car bookings^ |
|
|
— |
|
|
|
493 |
|
|
|
— |
|
Commission received |
|
|
— |
|
|
|
43 |
|
|
|
— |
|
^represents gross amount booked/charged for the car bookings All outstanding balances with these related parties are to be settled in cash. None of the balances are secured. No expense has been recognised in the current year or prior year for bad or doubtful debts in respect of amounts owed by related parties.
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