Rategain Travel Technologies Limited has informed the Exchange regarding Grant of 20724 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 20,724 Stock Appreciation Rights (SARs) on August 28, 2025, under the company's existing 'SAR Scheme 2022'. The SARs have been granted at Rs. 527.25 per unit, with a 4-year vesting schedule split as 10% in year 1, 20% in year 2, 30% in year 3, and 40% in year 4. Once vested, employees have a 3-year window to exercise these rights. SARs entitle the holder to the appreciation in the stock's value over the grant price, rather than the actual shares, meaning there is no direct dilution unless exercised.
This is a routine employee incentive grant under a pre-approved scheme and signals continued talent retention efforts. Potential dilution is limited as SARs only pay out the price difference, and the staggered vesting over 4 years aligns employee interests with long-term shareholder value creation.