ALPHA TRIBE

Tracxn Technologies LimitedQIP/Rights/Pref., 08-01-2025: Allotment of Securities

08-01-2025 | 06:09 pm

The Nomination and Remuneration Committee has approved the allotment of 2,78,967 equity shares under the TRACXN Employee Stock Option Plan 2016 at an exercise price of Re. 1 per share. This allotment results in a modest increase in the paid-up share capital from ₹10,57,91,819 to ₹10,60,70,786. The funds realized from the exercise of these options amount to ₹2,78,967, which supports the company’s employee incentive strategy. The newly issued shares will rank equally with existing shares.

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