SEC FORM 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person ^*

Shringi Dhruv

(Last)

(First)

(Middle)

GULF ADIBA, PLOT NO. 272 4TH FLOOR,

UDYOG VIHAR, PHASE-II SEC-20, GURUGRAM

(Street)

HARYANA

122008

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Yatra Online, Inc. [ YTRA ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares	4,336,783	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Performance Stock Units	⁽¹⁾	05/18/2026	Common Stock	256,410	2.0983 ⁽⁷⁾	D
Performance Stock Units	⁽²⁾	07/19/2027	Common Stock	256,410	2.2497 ⁽⁷⁾	D
Performance Stock Units	⁽³⁾	11/08/2028	Common Stock	256,410	2.2497 ⁽⁷⁾	D
Performance Stock Units	⁽⁴⁾	05/18/2026	Common Stock	256,410	2.4011 ⁽⁷⁾	D
Performance Stock Units	⁽⁵⁾	07/19/2027	Common Stock	256,410	2.5525 ⁽⁷⁾	D
Performance Stock Units	⁽⁶⁾	11/08/2028	Common Stock	256,410	2.5525 ⁽⁷⁾	D

Explanation of Responses:

1. Performance Stock Units were granted on May 19, 2022 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 194 on any trading day and shall expire on May 18, 2026.

2. Performance Stock Units were granted on July 20, 2023 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 208 on any trading day and shall expire on July 19, 2027.

3. Performance Stock Units were granted on November 09, 2024 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 208 on any trading day and shall expire on November 08, 2028.

4. Performance Stock Units were granted on May 19, 2022 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 222 on any trading day and shall expire on May 18, 2026.

5. Performance Stock Units were granted on July 20, 2023 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 236 on any trading day and shall expire on July 19, 2027.

6. Performance Stock Units were granted on November 09, 2024 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 236 on any trading day and shall expire on November 08, 2028.

7. The exercise prices are reported in U.S. dollars and reflect the conversion from INR to USD at an exchange rate of $1per equivalent to INR 92.457 as of March 17, 2026.

Remarks:

Not Applicable

	/s/ Dhruv Shringi	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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