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Yatra Online (NASDAQ: YTRA) hires director Dhruv Shringi as paid consultant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Yatra Online, Inc. entered into a Consulting Agreement with board director Dhruv Shringi to provide business continuity and transition services as an independent contractor on a non-exclusive basis.

The agreement is effective retroactively from March 1, 2026 for six months. As compensation, Mr. Shringi will receive $418,998 in total cash, plus reimbursement of actual, reasonably documented out-of-pocket expenses such as travel, meals and entertainment, in line with company policies.

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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

 

March 5, 2026

 

Commission File Number: 001-37968

 

YATRA ONLINE, INC.

 

Gulf Adiba, Plot No. 272,

4th Floor, Udyog Vihar, Phase-II,

Sector-20, Gurugram-122008, Haryana

India

(Address of principal executive office)

 

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

 

Form 20-F ☒ Form 40-F ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

 

 

 

 

 

 

Consulting Agreement

 

On March 5, 2026, Yatra Online, Inc. (the “Company”) entered into a Consulting Agreement (the “Agreement”) with Dhruv Shringi, a director on the Company’s board of directors, pursuant to which Mr. Shringi will provide certain consulting services related to business continuity and transition to the Company and its affiliates on a non-exclusive basis as an independent contractor. The Agreement commenced retroactively effective as of March 1, 2026 (the “Effective Date”) and shall continue until six months from the Effective Date. As compensation for the services rendered under the Agreement, Mr. Shringi will receive a total cash compensation of $418,998 and reimbursements for actual out-of-pocket and reasonably documented expenses, including for travel, meals and entertainment, incurred by him in connection with the performance of his duties in accordance with the Company’s policies.

 

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SIGNATURES

 

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.

 

  YATRA ONLINE, INC.
     
Date: March 10, 2026 By: /s/ Siddhartha Gupta
    Siddhartha Gupta
    Chief Executive Officer

 

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FAQ

What did Yatra Online, Inc. (YTRA) announce in this Form 6-K?

Yatra Online, Inc. entered into a Consulting Agreement with director Dhruv Shringi. He will provide business continuity and transition consulting services as an independent contractor to the company and its affiliates on a non-exclusive basis, for a defined six-month term.

Who is Dhruv Shringi in relation to Yatra Online, Inc. (YTRA)?

Dhruv Shringi is identified as a director on Yatra Online, Inc.’s board. Under the new Consulting Agreement, he will additionally serve as an independent contractor, providing business continuity and transition services to the company and its affiliates during the agreement term.

What is the term of Dhruv Shringi’s consulting agreement with Yatra Online (YTRA)?

The Consulting Agreement became effective retroactively as of March 1, 2026. It will continue for six months from the Effective Date, establishing a fixed-term engagement for business continuity and transition-related consulting services to the company and its affiliates.

How much will Yatra Online, Inc. (YTRA) pay under the consulting agreement?

Yatra Online, Inc. will pay $418,998 in total cash compensation to Dhruv Shringi for his consulting services. In addition, he will be reimbursed for actual, reasonably documented out-of-pocket expenses, including travel, meals and entertainment, consistent with the company’s expense reimbursement policies.

What type of services will Dhruv Shringi provide to Yatra Online (YTRA)?

Under the Consulting Agreement, Dhruv Shringi will provide consulting services related to business continuity and transition. These services are rendered to Yatra Online, Inc. and its affiliates on a non-exclusive basis, meaning he remains an independent contractor rather than a full-time employee.

Is Dhruv Shringi an employee of Yatra Online, Inc. (YTRA) under this agreement?

No, the agreement specifies that Dhruv Shringi will act as an independent contractor. He provides business continuity and transition consulting services on a non-exclusive basis, separate from his role as a director on the company’s board of directors.

Will Yatra Online (YTRA) reimburse Dhruv Shringi’s expenses under the consulting deal?

Yes, Yatra Online, Inc. will reimburse actual out-of-pocket and reasonably documented expenses incurred by Dhruv Shringi. Covered items include travel, meals and entertainment related to his consulting duties, subject to adherence with the company’s established policies.
Yatra Online Inc

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