FilingReader Intelligence

Tracxn ESO: Employees granted over 135,000 new shares

September 5, 2025 at 01:09 PM UTCBy FilingReader AI

Tracxn Technologies Limited announced on September 5, 2025, that its nomination and remuneration committee approved the grant of 135,789 stock options to eligible employees. These options are issued under the "TRACXN Employee Stock Option Plan 2016" (ESOP 2016) at an exercise price of Re. 1/- each.

Each ESOP is convertible into one fully paid-up equity share with a face value of Re. 1/-. The total number of equity shares covered by this grant is 135,789. All options can be exercised within five years from their respective vesting dates, and shares arising from these exercises will rank pari-passu with other existing equity shares.

The grant is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company confirmed that this intimation is also available on its website.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:TRACXNBombay Stock Exchange

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