Yatra (NASDAQ: YTRA) director Shringi reports 4.34M shares and performance units

Rhea-AI Filing Summary

Yatra Online, Inc. director Dhruv Shringi filed an initial ownership report showing direct holdings of 4,336,783 Ordinary Shares. He also holds Performance Stock Units tied to 256,410 underlying shares of Common Stock with exercise prices between $2.0983 and $2.5525.

These units expire between May 18, 2026 and November 8, 2028 and vest only if the 20-day volume-weighted average price of Yatra Online Limited, a subsidiary, exceeds levels between INR 194 and INR 236 per share.

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^*

Shringi Dhruv

(Last) (First) (Middle)

GULF ADIBA, PLOT NO. 272 4TH FLOOR,

UDYOG VIHAR, PHASE-II SEC-20, GURUGRAM

(Street)

HARYANA 122008

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Yatra Online, Inc. [ YTRA ]

3a. Foreign Trading Symbol

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

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

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

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)
Ordinary Shares	4,336,783	D

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
Performance Stock Units	(1)	05/18/2026	Common Stock	256,410	$2.0983(7)	D
Performance Stock Units	(2)	07/19/2027	Common Stock	256,410	$2.2497(7)	D
Performance Stock Units	(3)	11/08/2028	Common Stock	256,410	$2.2497(7)	D
Performance Stock Units	(4)	05/18/2026	Common Stock	256,410	$2.4011(7)	D
Performance Stock Units	(5)	07/19/2027	Common Stock	256,410	$2.5525(7)	D
Performance Stock Units	(6)	11/08/2028	Common Stock	256,410	$2.5525(7)	D

Explanation of Responses:

1. Performance Stock Units were granted on May 19, 2022 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 194 on any trading day and shall expire on May 18, 2026.

2. Performance Stock Units were granted on July 20, 2023 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 208 on any trading day and shall expire on July 19, 2027.

3. Performance Stock Units were granted on November 09, 2024 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 208 on any trading day and shall expire on November 08, 2028.

4. Performance Stock Units were granted on May 19, 2022 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 222 on any trading day and shall expire on May 18, 2026.

5. Performance Stock Units were granted on July 20, 2023 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 236 on any trading day and shall expire on July 19, 2027.

6. Performance Stock Units were granted on November 09, 2024 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 236 on any trading day and shall expire on November 08, 2028.

7. The exercise prices are reported in U.S. dollars and reflect the conversion from INR to USD at an exchange rate of $1per equivalent to INR 92.457 as of March 17, 2026.

Remarks:

Not Applicable

	/s/ Dhruv Shringi	03/18/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Dhruv Shringi report owning in Yatra Online, Inc. (YTRA)?

Dhruv Shringi reports direct ownership of 4,336,783 Ordinary Shares of Yatra Online, Inc. He also holds Performance Stock Units linked to 256,410 underlying Common Stock shares, reflecting potential future equity if vesting and exercise conditions are satisfied.

What performance-based awards does Dhruv Shringi hold in YTRA?

He holds several Performance Stock Unit awards covering 256,410 underlying Common Stock shares. These have exercise prices between $2.0983 and $2.5525 and are subject to vesting conditions based on the trading performance of Yatra Online Limited, a subsidiary.

When do Dhruv Shringi’s Performance Stock Units in YTRA expire?

The reported Performance Stock Units expire on dates between May 18, 2026 and November 8, 2028. Each grant has its own stated expiration date, so any unvested or unexercised units would lapse after those specific deadlines if conditions are not met.

What are the vesting conditions for YTRA’s reported Performance Stock Units?

The units vest only if the 20-day volume-weighted average price of Yatra Online Limited, a subsidiary, exceeds thresholds between INR 194 and INR 236 on any trading day. Each grant has its own INR price hurdle and corresponding expiration date.

How were the YTRA Performance Stock Unit exercise prices determined in USD?

The exercise prices are reported in U.S. dollars using an exchange rate of $1 = INR 92.457 as of March 17, 2026. This converts the underlying Indian-rupee-based price thresholds into U.S. dollar terms for disclosure consistency.