Tracxn Technologies Limited — Others, 26-05-2025: Appointment

Tracxn Technologies Limited has announced a board meeting outcome approving the financial results for the quarter and half-year, reporting a net loss of INR 954.41 Lakhs for the year on revenues of INR 64.47 Cr. Employee stock option expenses weighed on profitability. The Board approved a share buyback of up to 11.43 lakh equity shares at INR 70 each, totaling about INR 7.99 Cr, excluding promoter participation. Ms. Megha Tibrewal was appointed as Company Secretary & Compliance Officer due to maternity leave-related changes. Secretarial and internal auditors were appointed/re-appointed for multi-year terms. Several directors, including the Managing Director and Executive Director, were proposed for re-appointment starting August 2026, pending shareholder approval. Despite a strong cash position, the company had net cash outflows in investing activities largely from mutual fund investments.