RateGain Travel Technologies Limited has announced a significant debt reduction through its UK subsidiary's prepayment of loan facilities. The company disclosed this development in a regulatory filing under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Loan Prepayment Details

RateGain Technologies Limited, UK, the wholly owned subsidiary of the company, made a substantial prepayment on February 05, 2026. The subsidiary paid USD 19 million as prepayment along with the scheduled loan instalment of USD 6.25 million to the consortium of lenders.

Facility Structure and Outstanding Position

The prepayment was made against the total credit facilities of USD 125 million that were established through a Facility Agreement signed on October 29, 2025. The lending consortium comprises The Hongkong and Shanghai Banking Corporation Limited (HSBC) and CitiGroup Global Markets Asia Limited (Citibank).

Corporate Guarantee Impact

As part of the original facility arrangement, RateGain Travel Technologies Limited had provided a corporate guarantee in favor of the lenders for the loan facilities availed by its UK subsidiary. Following the prepayment, this guarantee has been proportionally reduced in accordance with the terms of the Facility Agreement.

The company had initially disclosed the signing of the Facility Agreement and issuance of the corporate guarantee on October 29, 2025, in compliance with regulatory requirements. The current prepayment demonstrates the subsidiary's strong cash position and the group's commitment to optimizing its debt structure.

Regulatory Compliance

The disclosure was made by Mukesh Kumar, General Counsel, Company Secretary & Compliance Officer, ensuring full transparency with stakeholders and regulatory authorities regarding this material development in the company's financial position.

Plutus Wealth Management LLP has filed a disclosure with stock exchanges regarding substantial acquisition and sale transactions in rategain travel Technologies Limited, in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transactions were executed through open market operations between January 22-23, 2026.

Transaction Details

The disclosure reveals significant changes in shareholding patterns among Plutus Wealth Management LLP and its Persons Acting in Concert (PACs). The transactions involved both acquisitions and sales, resulting in a redistribution of shares among the entities.

Shareholding Analysis

Prior to these transactions, Plutus Wealth Management LLP held 66,50,000 shares representing 5.63% of RateGain Travel Technologies' voting capital, while its PAC dPaisbuddy Finance Private Limited held 9,00,000 shares (0.76%). The combined holding stood at 75,50,000 shares, equivalent to 6.39% of the total voting capital.

Following the transactions, Plutus Wealth Management's direct holding decreased to 45,81,610 shares (3.88%), while dPaisbuddy Finance Private Limited's stake increased to 29,50,000 shares (2.50%). The net effect resulted in a marginal reduction of 18,390 shares in their combined holding.

Company Capital Structure

RateGain Travel Technologies Limited maintains an equity share capital of Rs. 11,81,02,036, consisting of 11,81,02,036 equity shares with a face value of Re. 1 each. The total diluted share capital stands at Rs. 12,22,72,121, comprising 12,22,72,121 equity shares of Re. 1 face value each.

Regulatory Compliance

The disclosure was submitted to both the National Stock Exchange of India Limited and BSE Limited on January 27, 2026, as mandated under Regulation 29(2) of SEBI regulations. Plutus Wealth Management LLP confirmed that it does not belong to the promoter or promoter group of RateGain Travel Technologies Limited.

The transactions represent a strategic reallocation of shareholding within the Plutus group entities while maintaining their overall investment position in the travel technology company.