NSEGeneral Updates20 Aug 2026 · 20 Aug 2026, 06:15 pm
General Updates
Rategain Travel Technologies Limited · RATEGAIN
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RateGain Travel Technologies Limited has informed the Exchange about General Updates regarding a line of credit for up to USD 40 million from J.P. Morgan Chase Bank, N.A. for Sojern, Inc., a wholly owned step down subsidiary. The company has disclosed details of the loan and corporate guarantee in accordance with LODR Regulations.
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Rategain Travel Technologies Limited has informed the Exchange about General Updates
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RATEGAIN_20082026181527_RG_20082026.pdf
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August 20, 2026
National Stock Exchange of India Limited BSE Limited
(NSE: RATEGAIN) (BSE: 543417)
Sub: Disclosure under Regulation 30 read with Schedule III of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir / Ma’am,
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“LODR Regulations”), RateGain Travel Technologies Limited
(hereinafter referred to as the “Company”) hereby informs that Sojern, Inc. a wholly owned step
down subsidiary has received an offer letter dated August 18, 2026 from J.P. Morgan Chase Bank,
N.A. (“J.P. Morgan” or the “Bank”) for a line of credit for an aggregate maximum amount of up to
USD 40 million for general corporate purposes (“Credit Facility”).
In this regard, we are enclosing herewith the following disclosures:
Details with respect to the loan/credit facility, as required under sub-clause 5 of Para B
of Part A of Schedule III of the LODR Regulations, as Annexure-A.
Details with respect to the corporate guarantee, as required under sub-clause 11 of Para
B of Part A of Schedule III of the LODR Regulations, as Annexure-B.
This is for your information and records.
Yours faithfully,
For RateGain Travel Technologies Limited
Mukesh Kumar
General Counsel,
Company Secretary & Compliance Officer
Membership No.: A17925
Encl.: As above
Corporate Office: Club 125, Plot No. A - 3,4,5, Tower A, 4th Floor, CIN No.: L72900DL2012PLC244966
Sector-125, Noida - 201301, UP, India | Tel: +91 120 5057000 Website: www.RateGain.com
Registered Office: M-140, Greater Kailash, Part-Il, New Delhi - 110048 E-Mail: help@rategain.com
ANNEXURE A
Disclosure under clause 5 of Para B of Part A of Schedule III of LODR Regulations
S. No. Particulars Details
1. Name(s) of parties with whom the J.P. Morgan Chase Bank, N.A.
agreement is entered
2. Purpose of entering into the agreement line of credit for an aggregate maximum
amount of up to USD 40 million
3. Size of agreement (Facility Amount) USD 40 million
4. Shareholding, if any, in the entity with NIL
whom the agreement is executed
5. Significant terms of the agreement Interest Rate:
As fully described in the offer letter.
Repayment: As fully described in the offer
letter.
6. Whether the said parties are related to Not Applicable
promoter/promoter group/ group
companies in any manner. If yes,
nature of relationship
7. Whether the transaction would fall Not Applicable
within related party transactions? If
yes, whether the same is done at
“arm’s length”
8. In case of issuance of shares to the Not Applicable
parties, details of issue price, class of
shares issued;
9. In case of loan agreements, details of Lender(s): J.P. Morgan Chase Bank, N.A.
lender/borrower, nature of the loan,
total amount of loan granted/taken, Borrower: Sojern, Inc
total amount outstanding, date of
execution of the loan Nature of the Loan: Secured Loan
agreement/sanction letter, details of
the security provided to the lenders / Total amount outstanding: NIL
by the borrowers for such loan or in
case outstanding loans lent to a party Total amount of the Loan granted/ taken
or borrowed from a party become USD 40 million
material on a cumulative basis
Date of execution of the loan agreement:
August 19, 2026
Security:
As fully described in the offer letter.
Corporate Office: Club 125, Plot No. A - 3,4,5, Tower A, 4th Floor, CIN No.: L72900DL2012PLC244966
Sector-125, Noida - 201301, UP, India | Tel: +91 120 5057000 Website: www.RateGain.com
Registered Office: M-140, Greater Kailash, Part-Il, New Delhi - 110048 E-Mail: help@rategain.com
10. Any other disclosures related to such NIL
agreements, viz., details of nominee
on the board of directors of the listed
entity, potential conflict of interest
arising out of such agreements, etc.;
11. In case of termination or amendment Not Applicable
of agreement, listed entity shall
disclose additional details to the stock
exchange(s):
i. name of parties to the
agreement.
ii. nature of the agreement.
iii. date of execution of the
agreement.
iv. details of amendment and
impact thereof or reasons
of termination and impact
thereof.
Corporate Office: Club 125, Plot No. A - 3,4,5, Tower A, 4th Floor, CIN No.: L72900DL2012PLC244966
Sector-125, Noida - 201301, UP, India | Tel: +91 120 5057000 Website: www.RateGain.com
Registered Office: M-140, Greater Kailash, Part-Il, New Delhi - 110048 E-Mail: help@rategain.com
ANNEXURE B
Disclosure under clause 11 of Para B of Part A of Schedule III of LODR Regulations
S. No. Particulars Details
1. Name of party for which such Sojern Inc.
guarantees or indemnity or surety was
given
2. Whether the promoter/ promoter The promoters/ promoter group/ group
group/ group companies have any companies do not have any interest in this
interest in this transaction? If yes, transaction.
nature of interest and details thereof
and whether the same is done at “arm’s The corporate guarantee issued on an arm’s
length length basis, in compliance with the
applicable provisions of the Companies Act,
2013 and the SEBI Listing Regulations.
3. Brief details of such guarantee or The Company, issued a corporate guarantee
indemnity or becoming a surety viz. for an amount of US$ 44 million in favour of
brief details of agreement entered (if J.P. Morgan, for the credit facility being
any) including significant terms and availed by Sojern Inc.
conditions, including amount of
guarantee
4. Impact of such guarantees or The Company does not foresee any impact of
indemnity or surety on listed entity such guarantee as it has been issued to secure
the facility extended to Sojern Inc. (a wholly
owned step down subsidiary), whose
financials shall be consolidated with the
Company.
Corporate Office: Club 125, Plot No. A - 3,4,5, Tower A, 4th Floor, CIN No.: L72900DL2012PLC244966
Sector-125, Noida - 201301, UP, India | Tel: +91 120 5057000 Website: www.RateGain.com
Registered Office: M-140, Greater Kailash, Part-Il, New Delhi - 110048 E-Mail: help@rategain.com