As the company restructures its top management, MakeMyTrip's stock drops 5%.

Mohit Kabra has been promoted from Group Chief Financial Officer to Group Chief Operating Officer, marking a significant change in MakeMyTrip's executive team. Kabra will lead operational strategies, supervise daily operations across all business units, and guarantee coordination throughout MakeMyTrip's portfolio in his enlarged position. He just joined the company's board of directors and will still answer to Rajesh Magow, the group CEO and co-founder.