Roshan Mendis Joining Board of India’s Yatra a Win for Maguire
January 21, 2022 at 09:46 pm IST
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On, January 21, 2022, It's been six months since Maguire Investment Trust published an open letter calling for an operational overhaul at Yatra, and there was an extremely shareholder unfriendly corporate governance profile and a lack of transparency in its executive compensation packages at Yatra. Now Maguire Investment Trust had at least one of its key demands met. Yatra this week said it had appointed Roshan Mendis, Sabre's chief commercial officer, to its board as an independent director.
Yatra Online, Inc. is an online travel company. The Company provides travel services to corporate and consumers. It allows leisure and business travelers to explore, research, compare prices and book a range of services catering to their travel needs through its Website and mobile applications, and other associated platforms. It operates through three segments: Air Ticketing, Hotels and Packages, and Other Services. Its services include domestic and international air ticketing on Indian and international airlines, as well as bus ticketing, rail ticketing, cab bookings and ancillary services within India. The Company also provides access through its platform to hotels, homestays, and other accommodations. Its applications include Yatra, Yatra Web Check-In, Yatra Corporate, and Travelguru HomeStay. Its other services consist of rail tickets, bus tickets, taxi rentals and ancillary value-added services, such as travel insurance, visa processing and tickets for activities and attractions.
YATRA ONLINE, INC. 
