Yatra (YTRA) Director Michael Kaufman Receives 13,871-Share Award

What Happened Michael A. Kaufman, a director of Yatra Online, received an award of 13,871 ordinary shares on August 24, 2026. The reported acquisition price is $0.00, indicating these were granted shares (transaction code "A") rather than a purchase or sale.

Key Details

• Transaction date: 2026-08-24; Filing date: 2026-08-25 (timely).
• Shares acquired: 13,871; Price per share reported: $0.00; total reported cash cost: $0.
• Shares owned after transaction: not specified in the Form 4 provided.
• Footnote: the shares are held by MAK Capital Fund LP. MAK Capital One L.L.C. is the fund's general partner; Kaufman is the managing member of MAK Capital One and may be deemed to share voting and dispositive power over the fund's shares. Kaufman disclaims beneficial ownership except to the extent of any pecuniary interest.
• Transaction type: Award/Grant (code A) — not an open-market buy or sale.

Context Grants of shares to directors are typically compensation or part of an equity plan and do not necessarily signal immediate buying or selling intent. The footnote indicates the shares are held through an institutional vehicle (MAK Capital Fund LP) with Kaufman in a control role, rather than directly in his personal name.