RateGain Travel Technologies Limited has granted 402,521 (Four Lakh Two Thousand Five Hundred Twenty One) Stock Appreciation Rights (SAR) units under the "RateGain - Stock Appreciation Rights (SAR) Scheme – 2022" (SAR-2022).
Key Details:
- SAR Price: ₹950 per SAR Unit
- Total Units Granted: 402,521
- Vesting Period: 4 years from the date of grant (July 28, 2026)
- Vesting Schedule: 10% in Year 1, 20% in Year 2, 30% in Year 3, and 40% in Year 4
- Exercise Period: Within three (3) years from the date of vesting of each SAR Unit tranche
Regulatory Compliance:
- The grant was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
- Approved by the Nomination and Remuneration Committee of the Company on July 28, 2026
Additional Announcements:
The filing serves as formal intimation to the National Stock Exchange of India Limited and BSE Limited regarding the SAR grant. No additional corporate updates were included in this filing.
Authentication:
- Signed by Mukesh Kumar, General Counsel, Company Secretary & Compliance Officer
- Membership No.: A17925
- Digital signature timestamp: July 28, 2026 at 10:59:36 +05:30