RateGain Travel Technologies Ltd. Allots Equity Shares Under Employee Benefit Schemes
RateGain Travel Technologies Limited announced the allotment of 41,309 equity shares under its RateGain - Stock Appreciation Rights Scheme - 2022 (SAR 2022) and RateGain Employee Stock Option Scheme - 2015. The allotment occurred on March 26, 2026.The move resulted in an increase in the company’s paid-up equity share capital from 118,124,117, representing 118,124,117 shares with a face value of Re. 1 each, to 118,165,426 shares, with a total share capital of Rs. 118,165,426.
A breakdown of the allotments is provided in the table below:
| Scheme | Number of Shares Allotted |
|---|---|
| RateGain - Stock Appreciation Rights Scheme - 2022 | 30,509 |
| RateGain Employee Stock Option Scheme, 2015 | 10,800 |
The equity shares have an ISIN number of INE0CLI01024. The exercise price for shares issued under the SAR 2022 scheme is Re. 1 per share, while the exercise price for those issued under the ESOP scheme is Rs. 145.33 per share. A premium of Rs. 144.33 per share applies to the ESOP scheme shares. All newly allotted shares rank pari-passu with existing equity shares. The company's registered office is located at M-140, Greater Kailash Part-II, New Delhi - 110048.
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