Core Viewpoint - MakeMyTrip Limited has issued a Repurchase Right Notice to holders of its 0.00% Convertible Senior Notes due 2028, allowing them to require the company to repurchase the notes on specified dates [1][3]. Group 1: Repurchase Right Details - The Repurchase Right allows holders to require the company to repurchase all or a portion of their notes at par value on February 15, 2026 [3]. - The total outstanding principal amount of the notes as of January 12, 2026, is US$230 million, meaning if all notes are repurchased, the total cash purchase price will also be US$230 million [3]. - The Repurchase Right expires at 11:59 p.m. Eastern Time on February 12, 2026, and holders must follow specific procedures to exercise this right [4]. Group 2: Company Overview - MakeMyTrip Limited is a leading travel service provider in India, operating well-known brands such as MakeMyTrip, Goibibo, and redBus [9]. - The company offers a wide range of travel services, including air ticketing, hotel bookings, holiday planning, rail ticketing, and car hire, both domestically and internationally [9][10]. - MakeMyTrip provides access to major airlines and accommodation properties in India and abroad, as well as services like travel insurance and visa processing [10].

Group 1 - MakeMyTrip Limited plans to report its fiscal 2026 third quarter financial and operating results on January 21, 2026, before market opening [1] - A live Zoom Webinar with the senior management team will be hosted on the same day at 7:30 am EDT or 6:00 pm IST [2] - A replay of the webinar will be available on the company's Investor Relations website approximately two hours after the live event [3] Group 2 - MakeMyTrip Limited operates well-recognized online travel brands, including MakeMyTrip, Goibibo, and redBus [4] - The company provides a wide range of travel services, including air ticketing, hotel bookings, holiday planning, bus and rail ticketing, car hire, and ancillary travel services [4] - MakeMyTrip offers access to all major domestic airlines in India and a comprehensive selection of accommodation properties both domestically and internationally [4]

India's Growth and Digital Landscape - India's GDP is expected to surpass Japan and Germany by 2030[6] - India's GDP grew by 6.2% in Q3 FY25[5] - Internet users in India are expected to reach 1 billion by 2025, with a current penetration of 55% (~821 million users)[11] - E-commerce shoppers in India are projected to reach 500 million by 2030, up from ~330 million with a current penetration of 23%[11] - The online travel market in India is expected to grow from $12 billion in 2022 to $60 billion in 2030, a 5x growth[11] MakeMyTrip's Market Position and Reach - MakeMyTrip is among the largest travel platforms in India[12] - The platform has over 82 million lifetime transacted customers and over 505 million app downloads[13] - MakeMyTrip has 4.4 million+ loyalty program members[13] - MakeMyTrip has leading market share of online air ticketing[24] - redBus has sold 327 million+ bus tickets since FY18[41] Financial Performance - MakeMyTrip achieved its highest ever annual gross booking of $9.798 billion in FY25[72] - The company's highest ever adjusted operating profit was $166.8 million in FY25[72] - In Q4FY25, Air Ticketing adjusted margin was $94.2 million, Hotels & Packages was $109.6 million, Bus Ticketing was $36.5 million and Others was $20.9 million[72]