Intimation for allotment of 16,550 Equity Shares under "TRACXN Employee Stock Option Plan 2016"
TRACXN · price
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Tracxn Technologies has allotted 16,550 equity shares to employees following the exercise of stock options under the company's ESOP 2016 plan. The options were exercised at a very low price of Re. 1 per share, significantly below typical market value. The allotment increases the company's paid-up share capital from 10,67,85,700 shares to 10,68,02,250 shares — a marginal increase of about 0.015%. The newly issued shares will rank pari passu with existing shares and are not subject to any lock-in restrictions except those required by applicable law. The diluted earnings per share for Q4 FY26 stands at Rs (0.24), indicating the company is currently loss-making.
The share dilution is minimal (0.015%) and unlikely to materially impact the stock price. The extremely low exercise price suggests options were granted at an early stage; the impact on per-share value depends on current market price.