Rategain Travel Technologies Limited has informed the Exchange regarding Grant of 66043 Options.
RATEGAIN · price
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RateGain Travel Technologies has granted 66,043 Stock Appreciation Rights (SAR) units to its employees under the company's SAR-2022 scheme. The grant was approved by the Nomination and Remuneration Committee on August 20, 2025. Each SAR unit carries a price of Rs. 446.45. The units will vest over a 4-year period in a graded schedule — 10% in the first year, 20% in the second, 30% in the third, and 40% in the fourth year. Once vested, employees have 3 years to exercise these rights. This is part of the company's ongoing employee stock-based incentive programme aimed at rewarding and retaining talent.
This is a routine employee incentive grant and is largely neutral for shareholders. It may lead to slight future dilution when SARs are exercised, but reflects the company's effort to align employee interests with long-term shareholder value creation.