Tracxn Technologies Limited has informed the Exchange regarding Allotment of 83544 Shares.
TRACXN · price
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Tracxn Technologies has allotted 83,544 equity shares to eligible employees under its Employee Stock Option Plan 2016 at an exercise price of Re. 1 per share. The allotment was approved by the Nomination and Remuneration Committee via circular resolution on May 7, 2025. As a result, the company's paid-up share capital increases from 10,68,94,582 to 10,69,78,126 equity shares, and Rs. 83,544 was realized from the exercise of these options. The newly allotted shares will rank equally with existing shares and are not subject to any lock-in restrictions.
This is a routine ESOP allotment with a very small dilution (less than 0.1% of share capital) and minimal cash inflow. No material impact on shareholders or stock price is expected.