RateGain Travel Technologies Limited has made a regulatory disclosure to the National Stock Exchange of India Limited and BSE Limited regarding the grant of Stock Appreciation Rights (SAR) units under its employee benefit scheme.

The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and subject to the provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Grant Details

The Nomination and Remuneration Committee of the Company approved the grant of 53,021 SAR units under the "RateGain - Stock Appreciation Rights Scheme – 2022" on October 28, 2026.

The grant consists of two separate tranches:

First Tranche (SAR, 2026 Plan):

  • Number of SAR Units granted: 38,137
  • SAR Price: ₹800.00 per SAR Unit
  • Vesting Period: 4 years from the date of grant
  • Vesting Schedule: 10% in Year 1, 20% in Year 2, 30% in Year 3, 40% in Year 4
  • Exercise Period: Within three years from the date of vesting of SAR Units

Second Tranche (SAR, 2026 Plan):

  • Number of SAR Units granted: 14,884
  • SAR Price: ₹862.25 per SAR Unit
  • Vesting Period: 4 years from the date of grant
  • Vesting Schedule: 10% in Year 1, 20% in Year 2, 30% in Year 3, 40% in Year 4
  • Exercise Period: Within three years from the date of vesting of SAR Units

Authorization and Compliance

The disclosure was signed by Mukesh Kumar, who holds the positions of General Counsel, Company Secretary & Compliance Officer (Membership No.: A17925).

Company Addresses

Corporate Office: Plot No. 3,4,5, Prius Global Tower A, 4th Floor, Sector – 125, Noida – 201301, Uttar Pradesh, India