MakeMyTrip (MMYT) CEO Rajesh Magow reports RSU and stock option holdings

Rhea-AI Filing Summary

MakeMyTrip Ltd director and Group Chief Executive Officer Rajesh Magow filed an initial ownership report showing his equity-based holdings in the company. The filing lists Restricted Stock Units representing 1,377,087 underlying Ordinary Shares, with an exercise price of $0.0005 per share.

Of these RSUs, 1,038,362 are vested with expiration dates ranging from March 31, 2028 to June 30, 2031, and 338,725 are unvested. The unvested RSUs include 112,909 scheduled to vest on April 1, 2026 and 225,816 scheduled to vest on September 30, 2026, with later expiration dates that the company may extend at its sole discretion.

Magow also holds stock options over 175,200 Ordinary Shares at an exercise price of $22.29 per share expiring on August 18, 2029, and options over 235,100 Ordinary Shares at the same exercise price expiring on August 18, 2030. This Form 3 records existing positions rather than new market purchases or sales.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Magow Rajesh

(Last) (First) (Middle)

CM 717 B, THE CAMELLIAS

DLF PHASE V GOLF LINKS,

(Street)

GURGAON K7 122009

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
MakeMyTrip Ltd [ MMYT ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Group Chief Executive Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	(1)	Ordinary Shares	1,377,087	$0.0005	D
Stock Options (Right to Buy)	08/19/2021	08/18/2029(2)	Ordinary Shares	175,200	$22.29	D
Stock Options (Right to Buy)	08/19/2022	08/18/2030(2)	Ordinary Shares	235,100	$22.29	D

Explanation of Responses:

1. As of the reporting date, 1,038,362 Restricted Stock Units (RSUs) are vested, with expiration dates ranging from March 31, 2028 to June 30, 2031, unless extended at the sole discretion of the Company. In addition, 338,725 RSUs remain unvested, of which 112,909 and 225,816 are scheduled to vest on April 1, 2026 and September 30, 2026, respectively, with corresponding expiration dates of March 31, 2030 and March 31, 2031, subject to extension at the sole discretion of the Company.

2. The expiration date may be extended at the sole discretion of the Company.

	/s/ Rajesh Magow	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What does Rajesh Magow’s Form 3 filing for MakeMyTrip (MMYT) show?

The Form 3 shows Rajesh Magow’s existing equity-based holdings in MakeMyTrip, including Restricted Stock Units and stock options over Ordinary Shares, their exercise prices, vesting schedules, and expiration dates, providing a baseline of his ownership as a director and Group Chief Executive Officer.

How many Restricted Stock Units does Rajesh Magow hold in MakeMyTrip (MMYT)?

Rajesh Magow holds Restricted Stock Units tied to 1,377,087 underlying Ordinary Shares. Of these, 1,038,362 RSUs are vested, while 338,725 remain unvested with scheduled vesting dates in 2026 and expiration dates that may be extended by the company.

What are the vesting dates for Rajesh Magow’s unvested RSUs in MakeMyTrip (MMYT)?

Of Magow’s 338,725 unvested RSUs, 112,909 are scheduled to vest on April 1, 2026 and 225,816 on September 30, 2026. Their corresponding expiration dates are March 31, 2030 and March 31, 2031, and may be extended at the company’s sole discretion.

What stock options does Rajesh Magow hold in MakeMyTrip (MMYT)?

Magow holds stock options over 175,200 Ordinary Shares and a separate tranche over 235,100 Ordinary Shares. Both carry an exercise price of $22.29 per share, with expiration dates on August 18, 2029 and August 18, 2030, respectively, reflecting long-dated incentive awards.

Does Rajesh Magow’s Form 3 for MakeMyTrip (MMYT) report any share purchases or sales?

The Form 3 does not report new share purchases or sales. It records existing holdings in Restricted Stock Units and stock options as of the reporting date, establishing Magow’s baseline ownership position rather than detailing current market transactions.

Are Rajesh Magow’s MakeMyTrip (MMYT) RSU expiration dates fixed?

The RSU expiration dates are not entirely fixed. Vested RSUs currently have expiration dates ranging from March 31, 2028 to June 30, 2031, but the company may extend these dates at its sole discretion, as disclosed in the footnotes.