Rategain Travel Tech allots over 1.54 lakh equity shares under ESOP; Stock sheds 1%

6 Jul 2022 , 10:06 AM

Rategain Travel Technologies Ltd has informed that Nomination and Remuneration Committee of the Company have passed a resolution by circulation on July 04, 2022 has allotted 1,54,290 Equity Shares of face value of Re1/- each to the eligible employees of the Company, who have exercised their options, under RateGain Employee Stock Option Scheme — 2015 (‘ESOP 2015’).

Further, Consequent to the aforesaid allotment, the paid-up equity share capital of the Company has increased from Rs108,035,312 /- (108,035,312 Equity Shares of Re1/- each) to Rs108,189,602 divided into (108,189,602 Equity Shares of Re1/- each).

At around 10:07 AM, Rategain Travel Technologies was trading at Rs258.85 per share down by Rs3.5 or 1.33% from its previous closing of Rs262.35 per share on the BSE.