NasdaqGS:MMYTHospitality
How MakeMyTrip’s Shift to India Listing via IDRs Will Impact MakeMyTrip (MMYT) Investors
Earlier in April 2026, MakeMyTrip Limited confirmed it is evaluating listing its India business via Indian Depository Receipts rather than a traditional domestic IPO, partly to better manage tax obligations arising from its Mauritius-based parent during any secondary share sale.
This move could reshape how MakeMyTrip taps India’s capital markets, broadening access to domestic investors while giving the company India-listed equity to fund future growth initiatives.
We’ll now examine how...