Rategain Travel Technologies Limited — Others, 30-07-2025: ESOP/ESOS/ESPS
30-07-2025 | 05:59 pm
30-07-2025 | 05:59 pm
RateGain has approved the grant of 118,401 Stock Appreciation Rights (SARs) under its 2022 scheme to incentivize employees. These SARs are divided into two tranches: 40,644 units at Rs. 460.70 per SAR and 77,757 units at Rs. 445.30 per SAR. The vesting schedule spans four years, with 10% vesting in year one, 20% in year two, 30% in year three, and 40% in year four. Employees can exercise these rights within three years of vesting. This initiative aims to align employee interests with the company's long-term stock performance, fostering retention and value creation for stakeholders.
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