41.
Related party disclosures
Related
parties and nature of related party relationship where transactions have taken place:
Related
parties and nature of related party relationship:
| Nature
of relationship |
|
Name
of related party |
|
|
| |
|
|
|
|
| Key
Management Personnel |
|
Mr.
Siddhartha Gupta (w.e.f. November 24, 2025) |
|
Chief
Executive Officer and Director |
| |
|
Mr.
Dhruv Shringi (CEO till November 24, 2025) |
|
Co-founder,
CEO and Director |
| |
|
Mr.
Rohan Mittal (till April 10, 2025) |
|
Chief
Financial Officer |
| |
|
Mr.
Anuj Kumar Sethi (w.e.f. April 11, 2025) |
|
Principal
Accounting Officer, Principal Financial Officer |
| |
|
Mr.
Murlidhara Laxmikantha Kadaba |
|
Non-executive
Director |
| |
|
Ms.
Neelam Dhawan (till January 20, 2025) |
|
Non-executive
Director |
| |
|
Mr.
Roshan Mendis |
|
Non-executive
Director |
| |
|
Mr.
Stephen Schifrin |
|
Non-executive
Director |
| |
|
Mr.
Michael Kaufman |
|
Non-executive
Director |
| |
|
|
|
|
| Entities
having significant influence |
|
MAK
Capital Fund, LP |
|
|
| |
|
|
|
|
| Group
Companies of entities having significant influence |
|
Terrapin
Partners, LLC |
|
|
| |
|
|
|
|
| Joint
Venture Company |
|
Yatra
MICE and Holidays Limited (till June 18, 2024) (formerly known as Yatra MICE and Holidays Private Limited) |
|
|
During
the year, the Group entered into the following transactions, in the ordinary course of business on an arm’s length basis, with
related parties:
Summary of arm’s length transactions with related parties
| | |
March 31, | |
| | |
2024 | | |
2025 | | |
2026 | |
| Group Companies of entities having significant influence | |
| | | |
| | | |
| | |
| Entities having significant influence | |
| | | |
| | | |
| | |
| Loan taken | |
| - | | |
| - | | |
| - | |
| Loan repaid | |
| 821,900 | | |
| - | | |
| - | |
| Interest cost | |
| 42,712 | | |
| - | | |
| - | |
| Bank charges | |
| - | | |
| - | | |
| - | |
| Joint venture company | |
| | | |
| | | |
| | |
| Recovery of expenses | |
| 594 | | |
| - | | |
| - | |
| Loan given | |
| 6,300 | | |
| - | | |
| - | |
| Interest income | |
| 460 | | |
| - | | |
| - | |
Outstanding balances at the year-end are unsecured
and interest free. There have been no guarantees provided or received for any related party receivables or payables.
Outstanding
balances at the year-end are unsecured and interest free. There have been no guarantees provided or received for any related party receivables
or payables.
Compensation
of key management personnel of the Group
Schedule of key management compensation
| | |
2024 | | |
2025 | | |
2026 | |
| | |
| | |
| | |
| |
| Short-term employee benefits | |
| 49,436 | | |
| 51,606 | | |
| 57,906 | |
| Contributions to defined contribution plans | |
| 691 | | |
| 721 | | |
| 70 | |
| Bonus | |
| - | | |
| 58,551 | | |
| 18,060 | |
| Directors Sitting fee’s | |
| 14,237 | | |
| 15,100 | | |
| 14,143 | |
| Share based payment | |
| 181,294 | | |
| 95,563 | | |
| 11,794 | |
| Total compensation paid to key management personnel | |
| 245,658 | | |
| 221,541 | | |
| 101,973 | |
Provision
for gratuity and compensated absences has not been considered, since the provisions are based on actuarial valuations for the Group’s
entities as a whole.
The
amount disclosed in the table are the amounts recognized as an expense during the reporting period related to key management personnel.
Yatra
Online, Inc.
Notes
to the consolidated financial statements
(Amounts
in INR thousands, except per share data and number of shares)
|