Rategain Travel Technologies Limited has informed the Exchange regarding Grant of 79925 Options.
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RateGain Travel Technologies has informed the stock exchanges that its Nomination and Remuneration Committee approved the grant of 79,925 Stock Appreciation Rights (SARs) to employees on May 24, 2025, under the RateGain SAR Scheme 2022. Each SAR has been priced at Rs. 505.05, based on the closing market price of RateGain shares on NSE as of May 23, 2025. The SARs will vest over 4 years in a graded schedule of 10% in year 1, 20% in year 2, 30% in year 3, and 40% in year 4, with a 3-year exercise window after each vesting. The grant was made in compliance with SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021.
This is a routine employee incentive grant that may result in future cash outflows or equity dilution depending on SAR settlement terms. Shareholders should monitor future disclosures on whether these are equity-settled or cash-settled, as it affects dilution and earnings.