{
  "id": 9109831,
  "title": "EaseMyTrip Promoter Faces ED Chargesheet, Shares Worth ₹59.60 Crore Provisionally Attached",
  "url": "https://urgent.news/2026/09/22/easemytrip-promoter-faces-ed-chargesheet-shares-worth-59-60-crore",
  "topic": "world",
  "section": "World",
  "published": "2026-09-22T07:24:07.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/easemytrip-promoter-faces-ed-chargesheet-shares-worth-5960-crore-provisionally-attached"
  },
  "original_language": "en",
  "account": "The Enforcement Directorate (ED) has issued a supplementary chargesheet against EaseMyTrip co-founder Nishant Pitti in the Mahadev online betting money-laundering case. The chargesheet, filed on September 10 before a special Prevention of Money Laundering Act court in Raipur, is the fifth supplementary complaint and sixth overall in the investigation. The ED has provisionally attached shares worth Rs 59.60 crore, which Pitti pledged to lenders. The agency alleges that Pitti, as a close associate of a Dubai-based businessman linked to Skyexchange, entered into a pre-arranged arrangement with Amardeep Sharma to manipulate EaseMyTrip's share price and market capitalization. The ED claims that AG Dynamic Funds Limited, a foreign portfolio investor, later purchased shares at inflated valuations, allowing betting proceeds to be layered into India's equity market. Pitti denies wrongdoing, stating that he has cooperated with law-enforcement agencies and will contest the allegations in court.",
  "summary": "Mumbai: The Enforcement Directorate has named EaseMyTrip co-founder Nishant Pitti in a supplementary chargesheet in the Mahadev online betting money-laundering case, while provisionally attaching demat shares valued at Rs 59.60 crore. The complaint was filed on September 10 before a special Prevention of Money Laundering Act court in Raipur, as reported by The Indian Express . Reports of the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}