RateGain Travel Technologies Completes Director Tenure; Appoints Ganesh Venkata Ramanan Kangeyam as New Independent Director
RateGain Travel Technologies Limited has announced changes in its Board of Directors, confirming the completion of a senior independent director's tenure and appointing Mr. Ganesh Venkata Ramanan Kangeyam to the role effective June 29, 2026. The company has also approved the reconstitution of several key committees following these appointments.Mr. Girish Paman Vanvari will cease to be an Independent Director of RateGain Travel Technologies Limited upon completion of his five-year tenure on June 28, 2026.
The Board, based on a recommendation from the Nomination and Remuneration Committee, approved the appointment of Mr. Ganesh Venkata Ramanan Kangeyam as an Independent Director for a term of five years, commencing from June 29, 2026.
Mr. Kangeyam possesses over 38 years of extensive experience in Corporate Finance, Strategy, and Board Governance. He is a Chartered Accountant (CA) and Company Secretary (CS) and holds a Bachelor of Commerce (Honours) degree from Shri Ram College of Commerce (SRCC), University of Delhi. Mr. Kangeyam has gained international exposure through leadership positions with multinational corporations and listed Indian companies across the United States, Singapore, the Middle East, and the Philippines.
Throughout his career, he has successfully managed business turnarounds, transformation initiatives, and growth programs spanning the IT, ITES, and manufacturing sectors. His expertise includes mergers and acquisitions (M&A), investor relations, taxation, treasury management, and capital raising through equity and debt markets. Mr. Kangeyam was recognized as one of India's Best CFOs by CFO India and CIMA for his contributions to financial leadership.
The details regarding the appointment and profiles are summarized below:
| Detail | Information |
|---|---|
| Appointee Name | Mr. Ganesh Venkata Ramanan Kangeyam (DIN: 06563858) |
| Date of Appointment | June 29, 2026 |
| Term of Appointment | First term of five years |
| Cessation of Director | Mr. Girish Paman Vanvari (DIN: 07376482) |
| Date of Cessation | June 28, 2026 |
In addition to the director changes, the Board has approved the reconstitution of four key committees effective from June 29, 2026. These include the Audit Committee, Stakeholder Relationship Committee, Nomination and Remuneration Committee, and Risk Management Committee.
Mr. Kangeyam is noted as not being related inter se to any other Director of the Company and has confirmed that he is not debarred from holding the office of Director by virtue of any order of SEBI or any such authority.
RATEGAIN Stock Price Movement
Shares of Rategain Travel Technologies Limited slipped on Thursday, shedding ₹15.70 or 1.83% to close at ₹840.95. The stock traded within a wide range during the session, hitting a high of ₹872.15 before finding a floor at ₹837.60.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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