RateGain issues new shares, grants SARs in employee incentive program

RateGain Travel Technologies Limited announced on August 28, 2025, the allotment of 2,384 equity shares of face value Re. 1/- each to eligible employees under the RateGain - Stock Appreciation Rights Scheme – 2022. This allotment, approved by the Nomination and Remuneration Committee, increases the company's paid-up equity share capital from Rs. 118,077,374/- to Rs. 118,079,758/-. The shares are fully identical to existing shares and will rank pari-passu.

Concurrently, RateGain granted 20,724 SAR units under the same SAR 2022 scheme. Each SAR unit is priced at Rs. 527.25/-. The SARs are subject to a four-year vesting period from the date of grant, with a vesting schedule of 10% in Year 1, 20% in Year 2, 30% in Year 3, and 40% in Year 4.

Employees have a three-year exercise period from the date of vesting of their SAR units. These actions align with SEBI regulations.