NewsCorporate ActionsRateGain Travel Technologies Grants 19,535 Stock Appreciation Rights UnitsRateGain Travel Technologies Grants 19,535 Stock Appreciation Rights Units
RateGain Travel Technologies has significantly expanded its employee incentive program by granting 19,535 SAR units across three tranches with varying prices. The grant follows a 4-year vesting schedule and demonstrates the company's commitment to talent retention in the competitive travel technology sector.
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RateGain Travel Technologies Limited , a leading provider of SaaS solutions for travel and hospitality, has announced a significant expansion of its employee incentive program. The company's Nomination and Remuneration Committee approved the grant of 19,535 Stock Appreciation Rights (SARs) units on December 17, 2025, under the "RateGain - Stock Appreciation Rights (SAR) Scheme – 2022" (SAR-2022).
Grant Details and Structure
The latest SAR grant comprises three separate tranches with different pricing structures:
| Tranche | SAR Units | Price per Unit (Rs.) | Total Value (Rs.) |
|---|---|---|---|
| SAR 2025 - Tranche 1 | 9,054 | 689.60 | 62,44,454.40 |
| SAR 2025 - Tranche 2 | 9,984 | 660.15 | 65,90,057.60 |
| SAR 2025 - Tranche 3 | 497 | 649.00 | 3,22,553.00 |
| Total | 19,535 | - | 1,31,57,065.00 |
Vesting and Exercise Terms
All three tranches follow identical vesting and exercise parameters:
| Parameter | Details |
|---|---|
| Vesting Period | 4 years from grant date |
| Vesting Schedule | Year 1: 10%, Year 2: 20%, Year 3: 30%, Year 4: 40% |
| Exercise Period | Within 3 years from vesting date |
| Grant Date | December 17, 2025 |
Understanding Stock Appreciation Rights
Stock Appreciation Rights are a form of equity compensation that allows employees to benefit from the appreciation in the company's stock price without actually owning the shares. When exercised, the holder receives the increase in the stock's value from the grant date to the exercise date, usually paid in cash or shares.
Strategic Implications
This substantial SAR grant, totaling over Rs. 1.31 crores in notional value, demonstrates RateGain's commitment to attracting and retaining talent in the competitive travel technology sector. The four-year vesting schedule encourages long-term employee retention, while the three-year exercise period provides flexibility for employees to benefit from potential stock price appreciation.
Regulatory Compliance
RateGain has made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The SAR scheme is also subject to the provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, ensuring transparency and adherence to regulatory standards.
As the travel industry continues to evolve, RateGain's expanded investment in its human capital through such equity-based compensation plans may play a crucial role in maintaining its position as a leading SaaS provider in the travel and hospitality sector.
Historical Stock Returns for RateGain Travel
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.53% | +2.92% | -4.62% | +49.67% | -6.28% | +99.28% |
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