Rategain Travel Technologies Limited — Others, 07-08-2025: Cessation

RateGain Travel Technologies has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. Consolidated revenue reached ₹272.92 Cr, with a profit of ₹46.93 Cr and an EPS of ₹3.98. The board appointed RMG & Associates as Secretarial Auditor for a five-year term, subject to shareholder approval. Mr. EC Rajakumar Konduru resigned as an Independent Director, while Mr. Aakrit Ajay Kumar Vaish, an AI expert and former Haptik CEO, was appointed as a new Independent Director for five years, pending shareholder nod. Key board committees were also reconstituted. Notably, ₹600 Cr from the recent Qualified Institutions Placement remains unutilised, held in deposits.