RateGain Travel Technologies Limited Grants 67,631 Equity Shares to Employees
RateGain Travel Technologies Limited has approved the issuance of 67,631 equity shares to its employees under the Employee Stock Purchase Scheme 2023 (ESPS 2023). The shares were granted at an offer price of ₹750 per share, as announced on March 26, 2026. The initiative is aimed at rewarding and retaining key personnel within the organization.
Key Points
- Number of Shares Granted: 67,631 equity shares
- Offer Price per Share: ₹750
- Vesting Schedule:
- 10% of shares vest after 1 year
- 20% after 2 years
- 30% after 3 years
- 40% after 4 years
- Exercise Period: Employees have three years from the vesting date to exercise their options
- Organization Involved: RateGain Travel Technologies Limited
- Scheme Name: Employee Stock Purchase Scheme 2023 (ESPS 2023)
- Purpose: To reward and retain key personnel
- Date of Announcement: March 26, 2026
This summary provides the exact details as stated in the article, ensuring 100% factual accuracy without adding any inferred information or estimates.
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