Tracxn Technologies Limited has informed the Exchange regarding Allotment of 16550 Shares.
TRACXN · price
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Tracxn Technologies Limited has allotted 16,550 equity shares to eligible employees who exercised their stock options under the TRACXN Employee Stock Option Plan 2016. The shares were issued at an exercise price of Re. 1/- per share, raising only Rs. 16,550 in total. Following this allotment, the company's paid-up share capital increased from 10,67,85,700 shares to 10,68,02,250 shares. The new shares will rank pari passu with existing equity shares and are not subject to any lock-in restrictions except those mandated by applicable laws. The diluted earnings per share for the quarter ended March 31, 2026 stood at Rs. (0.24) per share.
This is a routine ESOP exercise with negligible impact on shareholders. The dilution is minimal at 0.015% of total shares outstanding, and the exercise price of Re. 1/- is significantly below market price, which is typical for employee stock option plans. No material impact on stock price expected.