Tracxn Technologies Limited has informed the Exchange about Copy of Newspaper Publication of Post Offer Public Announcement dated August 06, 2025 for buyback of 10,66,666 fully paid-up Equity Shares of the face value of INR 1 each of the Company at a price of INR 75 perEquity Share payable in cash on proportionate basis.
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Tracxn Technologies has completed its share buyback of 10,66,666 fully paid-up equity shares at INR 75 per share, utilizing a total of INR 7,99,99,950 (approximately INR 8 crores) excluding transaction costs. The buyback was implemented through the tender offer route via NSE, with the tendering period running from July 24 to July 30, 2025, and settlement completed on August 5, 2025. The offer was oversubscribed by 6.55 times, receiving 4,425 valid bids for 69,86,664 shares, with the small shareholders category seeing 557.54% response and the general category seeing 702.95% response. The bought-back shares represent 1% of pre-buyback equity capital, and the buyback size constituted 23.70% of paid-up capital and free reserves. Post-buyback, paid-up equity capital will reduce from 10,72,09,725 to 10,61,43,059 shares, extinguishment of which is expected by August 14, 2025.
This is a routine regulatory disclosure confirming the successful completion of the buyback process. Shareholders who tendered received INR 75 per share as an exit, while remaining shareholders will see a marginal increase in promoter holding from 33.95% to 34.29% post extinguishment. The strong oversubscription signals healthy demand for the stock at the buyback price.