Tracxn Technologies Limited has informed the Exchange about Copy of Newspaper Publication for Offer Opening Public Announcement dated July 23, 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 per Equity Share payable in cash on proportionate basis.
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Tracxn Technologies has announced the opening of its share buyback offer on July 24, 2025. The company is buying back 10,66,666 fully paid-up equity shares (face value INR 1) at a price of INR 75 per share through the tender offer route on the stock exchange (NSE as designated exchange). The total buyback size is approximately INR 7.99 crores excluding transaction costs. Eligible shareholders as on the record date of July 18, 2025 can tender shares at an entitlement ratio of 5 shares for every 332 shares held, applicable to both small shareholders and the general category. The buyback closes on July 30, 2025, with Systematix Corporate Services as manager and MUFG Intime India as registrar to the offer.
The buyback at INR 75 per share gives eligible shareholders a clear exit opportunity at a fixed price, and the use of cash for the buyback signals the company is returning capital to shareholders. However, at around INR 7.99 crores the buyback size is relatively modest.