Plutus Wealth Management LLP, along with its Persons Acting in Concert (PACs), has disclosed a recent acquisition of shares in Rategain Travel Technologies Limited. The transaction resulted in an increase of 1,81,470 equity shares, representing 0.15% of the total voting capital. This move adjusts the acquirer’s overall holding to 5.49% of the total equity share capital and voting rights, effective as of September 7, 2026.
Significant Share Acquisition by Plutus Wealth Management
Plutus Wealth Management LLP has announced a substantial acquisition of shares in Rategain Travel Technologies Limited, as per the disclosure requirements under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition involved 1,81,470 equity shares, contributing to a 0.15% increase in the acquirer’s total voting capital.
Detailed Holding Changes
Before Acquisition
Prior to this transaction, the total holding of Plutus Wealth Management LLP and its Persons Acting in Concert (PACs) in Rategain Travel Technologies Limited stood at 63,18,530 shares, which constituted 5.34% of the total equity share capital and voting rights. This included 19,18,530 shares held by the acquirer, and 44,00,000 shares held by PAC2.
Acquisition Details
The recent acquisition specifically involved acquiring voting rights through 1,81,470 shares. This acquisition, conducted via the Open Market mode between May 11, 2026, and September 7, 2026, increased the acquirer’s total shareholding.
After Acquisition
Following the acquisition, the total holding of Plutus Wealth Management LLP and its PACs has risen to 65,00,000 shares. This new total represents 5.49% of the total equity share capital and voting rights of Rategain Travel Technologies Limited. The acquirer’s direct holding now stands at 20,00,000 shares, with PAC2 holding 45,00,000 shares.
Capital Structure Information
The equity share capital of Rategain Travel Technologies Limited before the said acquisition/sale was Rs. 11,84,25,559/-, comprising 11,84,25,559 equity shares of Re. 1/- face value each. Post-acquisition, the equity share capital remains unchanged at Rs. 11,84,25,559/-. However, the total diluted share/voting capital has increased to Rs. 12,19,37,714/-, consisting of 12,19,37,714 equity shares of Re. 1/- face value each.
Source: BSE
