RateGain Travel Technologies Ltd Announces Merger of RateGain Merger Sub, Inc. with Sojern, Inc.

RateGain Travel Technologies Ltd has announced a merger of its wholly-owned step-down foreign subsidiary, RateGain Merger Sub, Inc., with Sojern, Inc. The merger was approved by the Board of Directors of both companies and became effective from November 05, 2025, and November 06, 2025, as per US and Indian timings respectively. RateGain Merger Sub, Inc. was established on September 08, 2025, and Sojern, Inc. was incorporated on May 20, 2008. The merger does not involve any cash consideration or share exchange ratio, and it is exempt under Regulation 23 (5)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The shareholding pattern of the Company remains unchanged as it is not a party to the merger. The turnover of Sojern, Inc. for the calendar year ended 31st December 2024, was USD 172.2 Million.