NasdaqGS:MMYTHospitality
How Short Seller Claims on Transparency and Regulation Will Impact MakeMyTrip (MMYT) Investors
In late March 2026, activist short seller Morpheus Research released a report alleging that MakeMyTrip violated regulatory bans on price parity clauses and raised questions about accounting practices, including the treatment of a receivable from insolvent airline Go Air.
The report also highlighted a large gap between MakeMyTrip’s adjusted profits and IFRS figures, bringing renewed attention to the company’s financial transparency and regulatory exposure.
We’ll now explore how these...