Yatra receives notification letter from Nasdaq over minimum bid price

Yatra (YTRA) Online announced that on April 15, 2025, the Company received a letter from the Listing Qualifications Department of the Nasdaq Stock Market notifying the Company that, for the period from March 3, 2025 to April 14, 2025, the Company’s ordinary shares had not maintained a minimum closing bid price of $1.00 per share pursuant to Nasdaq Listing Rule 5550(a)(3). The Nasdaq letter does not result in the immediate delisting of the Company’s ordinary shares from The Nasdaq Capital Market. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial period of 180 calendar days, or until October 13, 2025 (the “Compliance Date”), to regain compliance with the Minimum Bid Price Requirement. If, at any time during this 180-day period, the closing bid price for the Company’s ordinary shares closes at $1.00 or more per share for a minimum of 10 consecutive business days, as required under the Compliance Period Rule, the Staff will provide written notification to the Company that it complies with the Minimum Bid Price Requirement and the ordinary shares will continue to be eligible for listing on The Nasdaq Capital Market.