RateGain travel Technologies Limited has successfully allotted 41,309 equity shares to eligible employees under two employee benefit schemes. The Nomination and Remuneration Committee approved this allotment on March 26, 2026, pursuant to the company's Stock Appreciation Rights Scheme 2022 and Employee Stock Option Scheme 2015.

Share Allotment Details

The allotment encompasses shares distributed across two distinct employee benefit schemes with varying terms and conditions:

Impact on Share Capital

The allotment has resulted in a measurable increase in the company's equity base. The paid-up equity share capital has expanded from Rs. 118,124,117 to Rs. 118,165,426, representing the addition of 41,309 new equity shares of Re. 1 face value each.

Regulatory Compliance

The allotment was conducted in accordance with SEBI regulations and listing requirements. Key compliance aspects include:

• Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015
• Filing completed with both BSE Limited and National Stock Exchange of India Limited
• Detailed disclosure provided as per Part E of Schedule I of Regulation 10(c) of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021

Share Characteristics

The newly allotted equity shares carry identical rights and privileges as existing shares. All shares issued under both schemes rank pari-passu with the company's existing equity shares, ensuring uniform treatment for all shareholders. The shares are issued in dematerialized form under ISIN INE0CLI01024, with no lock-in restrictions applicable to the allotted shares.

RateGain Travel Technologies Limited has announced that Myanmar Airways International (MAI), a Myanmar-based international carrier, has selected AirGain, the company's pricing intelligence platform for airlines, to enhance its rate shopping and competitive pricing strategy.

Partnership Details

Founded in 1993, MAI operates an extensive network connecting major cities across Myanmar with key international hubs in Asia. The airline will leverage AirGain to monitor competitive fares across both direct and indirect channels, enabling faster, data-driven pricing decisions throughout its network.

Platform Capabilities

As part of this collaboration, MAI will benefit from AirGain's AI-powered Route Performance Digest, which provides daily automated route-level insights to identify pricing gaps and performance changes. The platform offers high-frequency fare shopping and intuitive analytics through a single interface, backed by competitive intelligence from over 300 airlines, 170 OTAs, and 50 meta-search platforms with 99.95% uptime.

Strategic Value

Operating in a fast-changing, price-sensitive market, MAI aims to remain competitive while safeguarding profitability and maintaining consistent pricing across channels. The real-time insights will enable the airline to monitor fare movements, spot market shifts early, and respond quickly to competitive changes.

Leadership Perspectives

Tanes Kumar, Chief Executive Officer of MAI, stated: "Access to timely and reliable market intelligence is essential in today's competitive aviation environment. Through our partnership with AirGain, we are strengthening our pricing capabilities and enabling faster, data-driven decisions to deliver greater value across our international network."

Vinay Varma, Senior Vice President and General Manager at AirGain, commented: "We are glad to welcome MAI to the AirGain community. Airlines operating in dynamic and rapidly growing regions like Southeast Asia need real-time intelligence to stay agile."

Future Developments

AirGain will soon launch Smart Search, an industry-first natural-language feature in pricing intelligence. This innovation will allow revenue managers to ask pricing questions directly and receive immediate, contextual insights, transforming AirGain from monitoring tools to an AI-powered decision-making assistant.