Rategain Travel Technologies Limited has informed the Exchange regarding Grant of 10586 Options.
RATEGAIN · price
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RateGain Travel Technologies has informed the stock exchanges about the grant of 10,586 SAR (Stock Appreciation Rights) Units to eligible employees under its 'RateGain Stock Appreciation Rights Scheme – 2022'. The grant was approved by the Nomination and Remuneration Committee on August 7, 2025, at a SAR price of Rs. 439 per unit, implying an aggregate grant value of approximately Rs. 46.47 lakh. The SARs will vest over four years in a graded manner — 10% in Year 1, 20% in Year 2, 30% in Year 3, and 40% in Year 4 — with an exercise window of three years from the date of vesting. SARs give employees the right to receive the appreciation in stock value over the SAR price, without actual equity issuance at grant.
This is a routine employee incentive grant and is unlikely to cause any meaningful stock price movement. It does not involve fresh equity issuance at this stage, but any eventual exercise could lead to modest equity dilution. Shareholders should note the modest size of the grant relative to typical ESOP pools.