RateGain Travel Technologies Limited has announced the approval of a grant of 53,021 Stock Appreciation Rights (SAR) Units to its employees under the “RateGain – Stock Appreciation Rights Scheme – 2022”. The grant, approved by the Nomination and Remuneration Committee on October 28, 2026, includes SARs with varying prices and vesting schedules, offering a long-term incentive to key personnel.
RateGain Approves Employee Stock Appreciation Rights
RateGain Travel Technologies Limited has officially approved the grant of 53,021 Stock Appreciation Rights (SAR) Units. This approval was made by the company’s Nomination and Remuneration Committee on October 28, 2026, and is in accordance with the “RateGain – Stock Appreciation Rights Scheme – 2022” (SAR-2022).
Details of SAR Grants
The approved SAR units are detailed across two main allocations:
RateGain Stock Appreciation Rights Scheme 2022
- Plan: SAR, 2026
- SAR Units Granted: 38,137
- SAR Price Per Unit: Rs. 800.00/-
- Vesting Period: 4 years from the date of grant
- Vesting Schedule: 10% Year 1, 20% Year 2, 30% Year 3, 40% Year 4
- Exercise Period: Within three (3) years from the date of vesting of SAR Units.
RateGain Stock Appreciation Rights Scheme 2022 (Second Allocation)
- Plan: SAR, 2026
- SAR Units Granted: 14,884
- SAR Price Per Unit: Rs. 862.25/-
- Vesting Period: 4 years from the date of grant
- Vesting Schedule: 10% Year 1, 20% Year 2, 30% Year 3, 40% Year 4
- Exercise Period: Within three (3) years from the date of vesting of SAR Units.
These grants are intended to incentivize and retain key employees, aligning their interests with the long-term growth and success of the company.
Source: BSE
