Rategain Travel Technologies Limited has informed the Exchange regarding allotment of 23810 securities pursuant to ESOP/ESPS at its meeting held on Jun 19, 2025
RATEGAIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
RateGain Travel Technologies has allotted 23,810 equity shares to eligible employees under its Stock Appreciation Rights Scheme 2022 (SAR 2022). The allotment was approved by the Nomination and Remuneration Committee on June 19, 2025, at an exercise price of Re. 1 per share (face value), with no premium. As a result, the company's paid-up equity share capital has increased marginally from Rs. 11.81 crore to Rs. 11.81 crore (from 118,053,564 to 118,077,374 shares). The newly issued shares will rank equally with existing equity shares.
This is a routine ESOP/SAR allotment causing negligible dilution of about 0.02% in existing shareholders' stake. No material impact on the stock price is expected; this is standard employee incentive activity.