
ESOP28 Jul 2026, 11:15 am
RateGain Travel Technologies Grants 402,521 SARs
AI Summary
RateGain Travel Technologies Ltd announced that its Nomination and Remuneration Committee has approved the grant of 402,521 Stock Appreciation Rights (SARs) under the "RateGain - Stock Appreciation Rights Scheme – 2022" (SAR-2022). The grant was approved on July 28, 2026, with each SAR unit priced at ₹950/-. These SARs will vest over a period of four years, with a vesting schedule of 10% in Year 1, 20% in Year 2, 30% in Year 3, and 40% in Year 4. The SAR units can be exercised within three years from the date of their vesting.
Key Highlights
- 402,521 SARs granted under the SAR-2022 scheme.
- Each SAR unit is valued at ₹950/-.
- Vesting period is four years with a phased schedule.
- Exercise window is three years post-vesting.
Price Impact
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