Rategain Travel Technologies Limited has informed the Exchange regarding Grant of 118401 Options.
RATEGAIN · price
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RateGain Travel Technologies has informed the stock exchanges that its Nomination and Remuneration Committee approved the grant of 118,401 Stock Appreciation Rights (SARs) to eligible employees on July 30, 2025, under the RateGain SAR Scheme 2022. The grant is split into two tranches: 40,644 SARs priced at Rs. 460.70 per unit and 77,757 SARs priced at Rs. 445.30 per unit. Both tranches follow a 4-year vesting schedule (10% in Year 1, 20% in Year 2, 30% in Year 3, and 40% in Year 4), with a 3-year exercise window after vesting. The grant is made under SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021.
This is a routine employee incentive grant and signals ongoing retention efforts, but it represents potential future dilution for existing shareholders once these SARs are exercised. The grant size is relatively modest and unlikely to materially affect share price in the short term.