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Yatra Online, Inc. Receives Nasdaq Notification Letter

  • Yatra Online, Inc. received a notice from the Nasdaq Listing Qualifications Department on November 10, 2026, stating its shares failed to maintain a $1.00 minimum closing bid price between September 29, 2026, and November 9, 2026.
  • The notice does not trigger an immediate delisting but grants the company an initial 180-day compliance period ending on May 10, 2027.
  • To regain compliance within this period, the company must achieve a closing bid price of $1.00 or more for at least 10 consecutive business days.
  • If compliance is not met by the May 10, 2027 deadline, the company may qualify for an additional 180-day period by meeting other listing standards, including market value requirements, 2027 compliance date.
  • The company may consider a reverse stock split as a potential method to regain compliance but provides no assurance that it will succeed.
  • Yatra Online Limited, a subsidiary, operates as one of India's largest corporate travel service providers with over 1,340 large corporate clients 2026.
  • The company's forward-looking statements highlight risks including market competition, economic slowdowns, geopolitical conflicts, cyberattacks, currency fluctuations, 2026.
  • The company warns of potential delisting if it cannot satisfy Nasdaq's continued listing requirements within the specified timelines.