Plutus Wealth Management LLP has reduced its shareholding in Rategain Travel Technologies Limited. Following a series of open market transactions between January 28, 2026, and May 8, 2026, the entity’s total stake has decreased from 6.38% to 5.34%. The divestment involved the sale of 12,13,080 equity shares, reflecting a net reduction of approximately 1.03% of the total voting rights in the company.
Details of Shareholding Reduction
Plutus Wealth Management LLP, along with its Persons Acting in Concert (PAC)—Junomoneta Finsol Private Limited and Paisbuddy Finance Private Limited—has executed a sell-off of shares in Rategain Travel Technologies Limited. Prior to these transactions, the group held a total of 75,31,610 shares, representing a 6.38% stake. Following the sale of 12,13,080 shares, the group’s aggregate holding has been revised to 63,18,530 shares.
Updated Equity Position
As of May 12, 2026, the revised shareholding stands at 5.34% of the total voting rights. The specific breakdown of the holding includes 19,18,530 shares held by Plutus Wealth Management LLP and 44,00,000 shares held by Paisbuddy Finance Private Limited, while Junomoneta Finsol Private Limited holds no shares. The total equity capital of the company remains consistent at 11,81,65,426 shares with a face value of Re. 1 per share.
Transaction Context
The shares were offloaded via open market transactions. This adjustment in ownership structure occurred over a period spanning from January 28, 2026, to May 8, 2026. This move marks a strategic shift in the investment portfolio managed by Plutus Wealth Management regarding their position in the travel technology sector.
Source: BSE
