StockWatch
·
Computers - Software & Consulting
Shareholding9 Sept 2026, 05:21 pm

Plutus Wealth Management Increases Rategain Travel Stake

AI Summary

Plutus Wealth Management LLP and its Persons Acting in Concert (PACs) have disclosed a substantial acquisition of shares in RateGain Travel Technologies Limited. The disclosure, made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, details an increase in their shareholding. Prior to this acquisition, the acquirer along with PACs held 5.34% of the total share capital. Following the acquisition, their total holding has increased to 5.49%. The acquisition was made through open market purchases between May 11, 2026, and September 7, 2026.

Key Highlights

  • Plutus Wealth Management LLP and PACs increased their stake in RateGain Travel Technologies.
  • Total shareholding rose from 5.34% to 5.49% post-acquisition.
  • Acquisitions were conducted via open market purchases.
  • The disclosure is in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.