RateGain Travel Technologies Limited has announced the allotment of 22,081 equity shares to eligible employees under its Stock Appreciation Rights Scheme 2022. The allotment was approved by the company's Nomination and Remuneration Committee on January 15, 2026, as part of the employee benefit program.

Share Allotment Details

The key parameters of the share allotment are presented below:

Impact on Share Capital

The allotment has resulted in an increase in the company's paid-up equity share capital:

The newly allotted shares will rank pari-passu with the existing equity shares of the company, ensuring equal rights and privileges for all shareholders.

Regulatory Compliance

RateGain Travel Technologies has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company filed the required statement under Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 with both stock exchanges on April 06, 2022.

The shares are listed on both BSE Limited (scrip code: 543417) and National Stock Exchange of India Limited (symbol: RATEGAIN). No lock-in period applies to these shares, and no listing fees are payable for this allotment.

About the Scheme

The RateGain - Stock Appreciation Rights Scheme 2022 is designed to provide eligible employees with equity participation in the company. The scheme allows employees to benefit from the company's growth while aligning their interests with those of shareholders. All equity shares allotted under this scheme maintain identical rights and characteristics as existing shares.

RateGain Travel Technologies Limited has announced a strategic partnership with Sunlight Air, a boutique leisure airline based in the Philippines, marking another expansion of its AI-powered solutions in the Southeast Asian aviation market. The partnership will see Sunlight Air implementing AirGain's unified platform to enhance its pricing intelligence and competitive positioning across the region, supporting the airline's growth objectives through improved pricing strategies.

Partnership Details and Platform Capabilities

The collaboration centers around AirGain's comprehensive pricing intelligence platform, which provides real-time market visibility and competitive insights. The platform consolidates competitive insights, market movements, and pricing anomalies into a single, intuitive dashboard designed specifically for airline revenue management teams.

Sunlight Air will leverage these capabilities to balance affordability with premium leisure experiences while expanding its presence in Southeast Asia's competitive aviation market.

Strategic Impact for Sunlight Air

Sunlight Air specializes in connecting passengers to the Philippines' premier leisure destinations through curated travel experiences. The airline operates modern ATR aircraft and has built its reputation on combining comfort and style with access to stunning island destinations. With the AirGain platform, the airline aims to respond more effectively to evolving traveler expectations and growing demand for affordable yet personalized journeys.

Carina G. Jayme, Manager – Revenue Management at Sunlight Air, emphasized the partnership's strategic importance: "Our travelers choose Sunlight Air because we combine comfort and style with access to the Philippines' most stunning destinations. As we expand across Southeast Asia, we need sharper visibility into pricing trends so we can continue to offer journeys that are both accessible and rewarding."

AI-Powered Route Performance Digest

As part of this partnership, AirGain is introducing its AI-powered Route Performance Digest to select airline partners. This innovative feature provides daily automated insights that highlight pricing anomalies and route-level performance gaps, enabling airlines to respond quickly to market shifts while protecting both value and profitability.

Vinay Varma, Senior Vice President and General Manager at AirGain, highlighted the platform's regional relevance: "Competing in Southeast Asia requires real-time intelligence to strike that balance between affordability and quality. With AirGain's AI-powered platform, Sunlight Air's teams can respond faster to market changes, protect yields, and continue building their reputation as the leisure airline of choice."

Market Positioning and Growth Strategy

The partnership reinforces AirGain's commitment to supporting regional and boutique airlines in competing more effectively against larger carriers. For Sunlight Air, the collaboration represents a significant step in its regional growth journey, providing the technological infrastructure needed to compete in markets where travelers increasingly seek digitally-driven, personalized travel experiences.

Sunlight Air's unique travel ecosystem integrates flights, tour packages, and resort partnerships, positioning it as a comprehensive leisure travel provider. The AirGain platform will support this integrated approach by providing the pricing intelligence necessary to maintain competitive positioning across all service offerings while preserving the airline's commitment to accessible, experience-driven travel.