Tracxn Technologies Limited has informed the Exchange regarding Allotment of 35847 Shares.
TRACXN · price
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Tracxn Technologies has allotted 35,847 equity shares to eligible employees under its ESOP 2016 plan at an exercise price of Re. 1 per share, raising just Rs. 35,847. The company's paid-up share capital rises from 10,67,00,533 to 10,67,36,380 shares, a marginal increase of about 0.034%. The newly issued shares will rank equally with existing shares and are not subject to any lock-in restrictions. The allotment was approved by the Nomination and Remuneration Committee on March 10, 2026, and complies with SEBI's Share Based Employee Benefits Regulations 2021. For context, the company reported a diluted EPS of negative Rs. 0.08 for the quarter ended December 2025, indicating it is currently loss-making.
The dilution to existing shareholders is negligible given the tiny size of this ESOP allotment. Investors may note that the very low Re. 1 exercise price reflects historical ESOP grants and the company's continued losses, though the issuance itself has no material price impact.