ICICI Prudential Mutual Fund, through its various schemes, has reported a net sale of 3,67,090 shares of Rategain Travel Technologies Ltd. on May 29, 2026. This transaction resulted in a decrease of more than 2% in the Fund’s shareholding. The cumulative net sale since the last filing on February 20, 2025, amounts to 24,43,309 shares. The holdings are from an investment perspective, not for controlling interest.
Shareholding Update for Rategain Travel Technologies
ICICI Prudential Mutual Fund (the Fund), acting through its various investment schemes and strategies, has completed a net sale of 3,67,090 shares in Rategain Travel Technologies Ltd. (the Company) on May 29, 2026. This transaction led to a reduction in the Fund’s shareholding by over 2% of the Company’s paid-up capital, compared to the disclosure made on February 20, 2025, which indicated a holding of 5.06%.
Cumulative Sales and Holding Details
Further details indicate that the Fund’s schemes have executed a net sale of 24,43,309 shares of Rategain Travel Technologies Ltd. since the previous filing on February 20, 2025 (reflecting positions as of February 19, 2025). The disclosures confirm that these holdings are maintained from an investment standpoint and are not intended to acquire any controlling interest in the Company.
Disclosure Under SEBI Regulations
The document includes the requisite disclosures as per Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This section provides a detailed breakdown of share transactions, including holdings before and after the sale, and details the net sales on May 29, 2026. The sale was conducted via the Open Market route over the period from February 20, 2025, to May 29, 2026.
As of the reporting date, the equity share capital of Rategain Travel Technologies Ltd. has been updated. Before the net disposal, the total equity share capital was ₹11,79,38,132, representing 11,79,38,132 shares of face value ₹1 each. After the disposal, this figure increased to ₹11,81,65,426, representing 11,81,65,426 shares. The total diluted share capital after the said disposal stands at ₹12,22,42,829, comprising 12,22,42,829 shares of face value ₹1 each.
The paid-up capital as of May 29, 2026, showed an increase compared to the previous filing date of February 20, 2025. The reported percentage of 2.08% is a derived figure reflecting the difference in holding before and after the net disposal.
Source: BSE
