Rategain Travel Technologies Limited has informed the Exchange regarding Appointment of Aakrit Ajay Kumar Vaish as Non- Executive Independent Director of the company w.e.f. August 07, 2025.
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Rategain Travel Technologies announced Q1 FY26 results (quarter ended June 30, 2025) along with board changes on August 7, 2025. Consolidated revenue from operations rose to ₹2,729.15 million (from ₹2,600.13 million in Q1 FY25), while consolidated profit after tax grew modestly to ₹469.32 million; basic EPS stood at ₹3.98. On a standalone basis, revenue grew ~19% to ₹588.58 million and profit after tax jumped to ₹180.55 million (from ₹143.04 million). The board appointed RMG & Associates as the new Secretarial Auditor for 5 years (FY26–FY30), accepted the resignation of Independent Director Mr. EC RajaKumar Konduru (citing personal pre-occupations), and appointed Mr. Aakrit Ajay Kumar Vaish — former Co-Founder & CEO of Haptik (acquired by Reliance Jio for $100M) — as a new Independent Director for 5 years. The Audit, Stakeholders Relationship, and Risk Management Committees were reconstituted accordingly.
Routine board refresh with one Independent Director exiting for personal reasons and a seasoned AI/startup founder joining is largely neutral for shareholders. Q1 results show steady consolidated growth with stronger momentum at the standalone level; the 100% unused QIP proceeds (₹6,000 million) remain parked in deposits, signalling no major inorganic moves yet.