Tracxn Technologies Limited — QIP/Rights/Pref., 10-02-2025: Allotment of Securities
10-02-2025 | 07:23 pm
10-02-2025 | 07:23 pm
Tracxn Technologies has announced the allotment of 2,44,725 equity shares under the TRACXN Employee Stock Option Plan 2016 (ESOP 2016) at an exercise price of Re. 1 per share. This exercise resulted in the company realizing Rs. 2,44,725. Following this allotment, the paid-up share capital will increase from Rs. 10,60,70,786 to Rs. 10,63,15,511. The newly issued shares will rank equally with existing shares. This movement reflects a strategic initiative to incentivize employees through equity participation.
No comments yet. Be the first to comment!
