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[6-K] MakeMyTrip Limited Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

Cardlytics, Inc. (CDLX) – Form 144 filing indicates an insider intends to sell 5,271 common shares on or about 02-Jul-2025 through Fidelity Brokerage on Nasdaq. The proposed sale represents ≈0.01 % of the company’s 52.5 million shares outstanding and carries an estimated market value of $9,396.

The filer—identified in the past-sales section as Nicholas Lynton—previously sold 6,057 shares in two transactions during April 2025, generating gross proceeds of $10,852. The shares to be sold were acquired via restricted-stock vesting on 01-Jul-2025 and are being disposed of for personal account purposes; no cash outlay was involved in the acquisition (classified as compensation).

Because the volume is immaterial relative to the float and no undisclosed adverse information is asserted, the filing is generally routine. Nonetheless, it signals continued insider selling within a three-month window, which investors may monitor for sentiment trends rather than fundamental impact.

Cardlytics, Inc. (CDLX) – Deposito Form 144 indica che un insider intende vendere 5.271 azioni ordinarie intorno al 02-lug-2025 tramite Fidelity Brokerage sul Nasdaq. La vendita proposta rappresenta circa 0,01% delle 52,5 milioni di azioni in circolazione e ha un valore di mercato stimato di 9.396 $.

Il dichiarante, identificato nella sezione delle vendite precedenti come Nicholas Lynton, ha già venduto 6.057 azioni in due transazioni nell'aprile 2025, ottenendo un ricavo lordo di 10.852 $. Le azioni da vendere sono state acquisite tramite vesting di azioni vincolate il 01-lug-2025 e vengono cedute per scopi personali; non è stato effettuato alcun esborso di denaro nell'acquisizione (classificata come compenso).

Poiché il volume è irrilevante rispetto al flottante e non sono state riportate informazioni negative non divulgate, il deposito è generalmente considerato di routine. Tuttavia, segnala una continua vendita da parte degli insider in un arco di tre mesi, che gli investitori potrebbero monitorare per cogliere tendenze di sentiment più che impatti fondamentali.

Cardlytics, Inc. (CDLX) – Presentación del Formulario 144 indica que un insider planea vender 5.271 acciones ordinarias alrededor del 02-jul-2025 a través de Fidelity Brokerage en Nasdaq. La venta propuesta representa aproximadamente el 0,01% de las 52,5 millones de acciones en circulación y tiene un valor de mercado estimado de $9.396.

El declarante, identificado en la sección de ventas anteriores como Nicholas Lynton, vendió previamente 6.057 acciones en dos transacciones durante abril de 2025, generando ingresos brutos de $10.852. Las acciones a vender fueron adquiridas mediante vesting de acciones restringidas el 01-jul-2025 y se están disponiendo para fines personales; no se realizó ningún desembolso de efectivo en la adquisición (clasificado como compensación).

Dado que el volumen es insignificante en relación con el flotante y no se afirma información negativa no divulgada, la presentación es generalmente rutinaria. No obstante, señala una venta continua por parte de insiders dentro de una ventana de tres meses, que los inversores pueden monitorear para tendencias de sentimiento más que para impactos fundamentales.

Cardlytics, Inc. (CDLX) – Form 144 제출은 내부자가 2025년 7월 2일경 Fidelity Brokerage를 통해 나스닥에서 5,271 보통주를 매도할 의사가 있음을 나타냅니다. 제안된 매도는 회사의 5,250만 주 유통 주식의 약 0.01%에 해당하며, 추정 시장 가치는 9,396달러입니다.

신고자는 이전 매도 내역에서 Nicholas Lynton으로 확인되었으며, 2025년 4월 두 건의 거래에서 6,057주를 매도해 총 10,852달러의 총수익을 올렸습니다. 매도 예정 주식은 2025년 7월 1일 제한주식 권리 확정을 통해 취득되었으며, 개인적 목적으로 처분됩니다; 취득 시 현금 지급은 없었으며(보상으로 분류됨)입니다.

거래량이 유통 주식에 비해 미미하고 미공개 부정적 정보가 없으므로, 이번 제출은 일반적으로 일상적입니다. 그럼에도 불구하고 3개월 내 지속되는 내부자 매도를 시사하며, 투자자들은 기본적 영향보다는 심리 동향을 관찰할 수 있습니다.

Cardlytics, Inc. (CDLX) – Dépôt du formulaire 144 indique qu'un initié prévoit de vendre 5 271 actions ordinaires vers le 02-juil-2025 via Fidelity Brokerage sur le Nasdaq. La vente proposée représente environ 0,01% des 52,5 millions d'actions en circulation de la société et a une valeur estimée de 9 396 $.

Le déclarant, identifié dans la section des ventes précédentes comme Nicholas Lynton, a précédemment vendu 6 057 actions en deux transactions en avril 2025, générant un produit brut de 10 852 $. Les actions à vendre ont été acquises via l'acquisition de droits sur actions restreintes le 01-juil-2025 et sont cédées à des fins personnelles ; aucune dépense en espèces n'a été engagée lors de l'acquisition (classée comme rémunération).

Étant donné que le volume est négligeable par rapport au flottant et qu'aucune information négative non divulguée n'est avancée, le dépôt est généralement considéré comme routinier. Néanmoins, il signale une vente continue d'initiés sur une période de trois mois, que les investisseurs peuvent surveiller pour détecter des tendances de sentiment plutôt que des impacts fondamentaux.

Cardlytics, Inc. (CDLX) – Form 144 Einreichung zeigt an, dass ein Insider plant, am oder um den 02. Juli 2025 herum 5.271 Stammaktien über Fidelity Brokerage an der Nasdaq zu verkaufen. Der vorgeschlagene Verkauf entspricht etwa 0,01% der 52,5 Millionen ausstehenden Aktien des Unternehmens und hat einen geschätzten Marktwert von 9.396 $.

Der Einreicher – in der Sektion der früheren Verkäufe als Nicholas Lynton identifiziert – verkaufte zuvor im April 2025 in zwei Transaktionen 6.057 Aktien und erzielte einen Bruttoerlös von 10.852 $. Die zu verkaufenden Aktien wurden durch Restricted-Stock-Vesting am 01. Juli 2025 erworben und werden zu persönlichen Zwecken veräußert; bei der Anschaffung fiel kein Geldaufwand an (als Vergütung klassifiziert).

Da das Volumen im Verhältnis zum Streubesitz unerheblich ist und keine nicht offengelegten negativen Informationen vorliegen, gilt die Einreichung allgemein als Routine. Dennoch signalisiert sie einen fortgesetzten Insider-Verkauf innerhalb eines Dreimonatszeitraums, den Investoren eher zur Beobachtung von Stimmungsänderungen als fundamentalen Auswirkungen nutzen können.

Positive
  • None.
Negative
  • Continued insider selling within a three-month span may signal weak insider confidence, albeit at immaterial volume.

Insights

TL;DR – Minor Form 144: 5,271-share insider sale, negligible to float, modest negative sentiment only.

The notice covers an insider’s intent to sell roughly $9.4k worth of stock—less than 0.02 days of CDLX’s typical trading volume and 0.01 % of outstanding shares. The shares stem from a recent RSU vest. Two prior April sales total $10.9k, suggesting a pattern of small disposition linked to compensation events rather than a strategic exit. No operational or financial data accompany the filing; therefore, valuation or earnings outlook remain unaffected. Impact on share price should be de minimis, but persistent micro-scale insider selling can incrementally weigh on investor sentiment.

TL;DR – Routine Rule 144 filing; compliance positive, but insider sales may raise perception issues.

Timely disclosure under Rule 144 demonstrates adherence to SEC resale regulations, mitigating regulatory risk. The transaction volume is well below Rule 144 volume limits, and the seller attests to possessing no undisclosed material information, supporting governance standards. While compliance is a positive, recurring insider sales—three within one quarter—could be interpreted as lukewarm confidence, especially if unaccompanied by offsetting purchases.

Cardlytics, Inc. (CDLX) – Deposito Form 144 indica che un insider intende vendere 5.271 azioni ordinarie intorno al 02-lug-2025 tramite Fidelity Brokerage sul Nasdaq. La vendita proposta rappresenta circa 0,01% delle 52,5 milioni di azioni in circolazione e ha un valore di mercato stimato di 9.396 $.

Il dichiarante, identificato nella sezione delle vendite precedenti come Nicholas Lynton, ha già venduto 6.057 azioni in due transazioni nell'aprile 2025, ottenendo un ricavo lordo di 10.852 $. Le azioni da vendere sono state acquisite tramite vesting di azioni vincolate il 01-lug-2025 e vengono cedute per scopi personali; non è stato effettuato alcun esborso di denaro nell'acquisizione (classificata come compenso).

Poiché il volume è irrilevante rispetto al flottante e non sono state riportate informazioni negative non divulgate, il deposito è generalmente considerato di routine. Tuttavia, segnala una continua vendita da parte degli insider in un arco di tre mesi, che gli investitori potrebbero monitorare per cogliere tendenze di sentiment più che impatti fondamentali.

Cardlytics, Inc. (CDLX) – Presentación del Formulario 144 indica que un insider planea vender 5.271 acciones ordinarias alrededor del 02-jul-2025 a través de Fidelity Brokerage en Nasdaq. La venta propuesta representa aproximadamente el 0,01% de las 52,5 millones de acciones en circulación y tiene un valor de mercado estimado de $9.396.

El declarante, identificado en la sección de ventas anteriores como Nicholas Lynton, vendió previamente 6.057 acciones en dos transacciones durante abril de 2025, generando ingresos brutos de $10.852. Las acciones a vender fueron adquiridas mediante vesting de acciones restringidas el 01-jul-2025 y se están disponiendo para fines personales; no se realizó ningún desembolso de efectivo en la adquisición (clasificado como compensación).

Dado que el volumen es insignificante en relación con el flotante y no se afirma información negativa no divulgada, la presentación es generalmente rutinaria. No obstante, señala una venta continua por parte de insiders dentro de una ventana de tres meses, que los inversores pueden monitorear para tendencias de sentimiento más que para impactos fundamentales.

Cardlytics, Inc. (CDLX) – Form 144 제출은 내부자가 2025년 7월 2일경 Fidelity Brokerage를 통해 나스닥에서 5,271 보통주를 매도할 의사가 있음을 나타냅니다. 제안된 매도는 회사의 5,250만 주 유통 주식의 약 0.01%에 해당하며, 추정 시장 가치는 9,396달러입니다.

신고자는 이전 매도 내역에서 Nicholas Lynton으로 확인되었으며, 2025년 4월 두 건의 거래에서 6,057주를 매도해 총 10,852달러의 총수익을 올렸습니다. 매도 예정 주식은 2025년 7월 1일 제한주식 권리 확정을 통해 취득되었으며, 개인적 목적으로 처분됩니다; 취득 시 현금 지급은 없었으며(보상으로 분류됨)입니다.

거래량이 유통 주식에 비해 미미하고 미공개 부정적 정보가 없으므로, 이번 제출은 일반적으로 일상적입니다. 그럼에도 불구하고 3개월 내 지속되는 내부자 매도를 시사하며, 투자자들은 기본적 영향보다는 심리 동향을 관찰할 수 있습니다.

Cardlytics, Inc. (CDLX) – Dépôt du formulaire 144 indique qu'un initié prévoit de vendre 5 271 actions ordinaires vers le 02-juil-2025 via Fidelity Brokerage sur le Nasdaq. La vente proposée représente environ 0,01% des 52,5 millions d'actions en circulation de la société et a une valeur estimée de 9 396 $.

Le déclarant, identifié dans la section des ventes précédentes comme Nicholas Lynton, a précédemment vendu 6 057 actions en deux transactions en avril 2025, générant un produit brut de 10 852 $. Les actions à vendre ont été acquises via l'acquisition de droits sur actions restreintes le 01-juil-2025 et sont cédées à des fins personnelles ; aucune dépense en espèces n'a été engagée lors de l'acquisition (classée comme rémunération).

Étant donné que le volume est négligeable par rapport au flottant et qu'aucune information négative non divulguée n'est avancée, le dépôt est généralement considéré comme routinier. Néanmoins, il signale une vente continue d'initiés sur une période de trois mois, que les investisseurs peuvent surveiller pour détecter des tendances de sentiment plutôt que des impacts fondamentaux.

Cardlytics, Inc. (CDLX) – Form 144 Einreichung zeigt an, dass ein Insider plant, am oder um den 02. Juli 2025 herum 5.271 Stammaktien über Fidelity Brokerage an der Nasdaq zu verkaufen. Der vorgeschlagene Verkauf entspricht etwa 0,01% der 52,5 Millionen ausstehenden Aktien des Unternehmens und hat einen geschätzten Marktwert von 9.396 $.

Der Einreicher – in der Sektion der früheren Verkäufe als Nicholas Lynton identifiziert – verkaufte zuvor im April 2025 in zwei Transaktionen 6.057 Aktien und erzielte einen Bruttoerlös von 10.852 $. Die zu verkaufenden Aktien wurden durch Restricted-Stock-Vesting am 01. Juli 2025 erworben und werden zu persönlichen Zwecken veräußert; bei der Anschaffung fiel kein Geldaufwand an (als Vergütung klassifiziert).

Da das Volumen im Verhältnis zum Streubesitz unerheblich ist und keine nicht offengelegten negativen Informationen vorliegen, gilt die Einreichung allgemein als Routine. Dennoch signalisiert sie einen fortgesetzten Insider-Verkauf innerhalb eines Dreimonatszeitraums, den Investoren eher zur Beobachtung von Stimmungsänderungen als fundamentalen Auswirkungen nutzen können.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the month of July 2025

Commission File Number 001-34837

 

MAKEMYTRIP LIMITED

(Translation of registrant’s name into English)

 

19th Floor, Building No. 5

DLF Cyber City

Gurugram, India, 122002

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F Form 40-F

 

 


 

MakeMyTrip Limited (“MakeMyTrip”) is incorporating by reference the information set forth in this Form 6-K into its automatically effective resale shelf registration statement on Form F-3 (File No. 333-288084) dated June 16, 2025, as amended.

Repurchase of Class B Shares

On July 2, 2025, MakeMyTrip completed the repurchase of 34,372,221 Class B shares in MakeMyTrip from Trip.com Group Limited (“Trip.com”) pursuant to the amended and restated share repurchase agreement dated June 23, 2025 between MakeMyTrip and Trip.com. All of the 34,372,221 Class B shares repurchased from Trip.com by MakeMyTrip have been cancelled.

Total Shares Outstanding and Trip.com Ownership

Following the completion of the repurchase, MakeMyTrip has a total of 95,383,399 shares outstanding, comprising 89,851,697 ordinary shares, 5,295,690 Class B shares and 236,012 ordinary shares held as treasury shares (of which Trip.com holds 10,773,694 ordinary shares and 5,295,690 Class B ordinary shares, representing approximately 16.90% of the voting power in MakeMyTrip).

Changes in Board Composition

Following the completion of the repurchase:

MakeMyTrip’s board of directors will continue to consist of ten members, comprising three management directors, four directors (including one Mauritius resident director) who will qualify as Independent Directors (as defined in the amended and restated investor rights agreement dated April 26, 2019 between MakeMyTrip and Trip.com), one other Mauritius resident director and two directors nominated by Trip.com; and
the number of directors that Trip.com is entitled to nominate on our board of directors has been reduced from five directors to two directors pursuant to the Terms of Issue of the Class B shares.

Mr. James Jianzhang Liang, Mr. Moshe Rafiah and Mr. Paul Laurence Halpin have each notified the board of directors of MakeMyTrip of his intention to resign as a Trip.com-nominated director with effect from the completion of the repurchase. The board of directors of MakeMyTrip accepted their resignations with immediate effect. Each of Mr. Liang, Mr. Rafiah and Mr. Halpin indicated that his decision to resign was not a result of any disagreement with MakeMyTrip on any matter relating to its operations, policies or practices.

The board of directors of MakeMyTrip approved the appointment of Mr. Vivek N. Gour, Mrs. Savinilorna Payandi Pillay Ramen and Mr. Mohit Kabra (our Group Chief Financial Officer) as directors with effect from July 2, 2025.

Mr. Gour is an independent director with over 21 years of experience as a board member of companies in India, USA and the Middle East across diverse industries such as e-commerce, IT enabled services and aviation. He also serves on the boards of IndiaMart Intermesh Ltd, Cyient Ltd & Affle 3i Ltd and previously served on our board of directors from May 2010 to September 2019. Mr. Gour served as chief financial officer of Genpact Limited from January 2005 to February 2010. Currently, he works as a social impact investor in large projects creating employment for rural youth and providing pediatric medical care for the underprivileged. He is a graduate of Harvard Business School’s OPM programme. He has a Master of Business Administration from FMS, University of Delhi and a Bachelor of Commerce degree from University of Mumbai.

Mrs. Ramen is the Head of Corporates, Private and Institutional Asset Owners and leads the Business Implementation unit at IQ EQ Corporate Services (Mauritius) Limited, or IQ-EQ Mauritius. She has approximately 22 years of work experience in advising clients of IQ-EQ Mauritius in different capacities. Mrs. Ramen is a Chartered Secretary from the Chartered Governance Institute (previously known as The Institute of Chartered Secretaries and Administrators), United Kingdom and holds a Master of Business Administration and a Bachelor of Arts in Psychology from Southeastern Louisiana University, United States. Mrs. Ramen previously served on our board of directors from September 2023 to May 2025. Mrs. Ramen is one of our resident directors in Mauritius.

There will be no changes to the composition of the audit committee. The compensation committee will consist of Mr. Aditya Tim Guleri, Ms. May Yihong Wu and Ms. Jane Jie Sun.

 

 


 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: July 2, 2025

MAKEMYTRIP LIMITED

 

 

By:

/s/ Rajesh Magow

Name:

Rajesh Magow

Title:

Group Chief Executive Officer

 

 


FAQ

How many CDLX shares are being sold under this Form 144?

5,271 common shares are slated for sale.

What is the estimated market value of the planned CDLX share sale?

The proposed sale is valued at approximately $9,396.

When is the insider planning to sell the CDLX shares?

The approximate sale date disclosed is 02-Jul-2025.

How many CDLX shares were sold by the insider in the past three months?

Two prior transactions in April 2025 disposed of 6,057 shares in total.

What percentage of Cardlytics’ outstanding shares does the 5,271-share sale represent?

It represents about 0.01 % of the 52.5 million shares outstanding.

How were the shares being sold originally acquired?

They were received through restricted-stock vesting on 01-Jul-2025 as part of compensation.
Makemytrip Limited Mauritius

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