Tracxn Technologies Limited — Others, 26-05-2025: Change in Auditors

Tracxn Technologies has announced a board meeting outcome approving the audited financial results, reporting a net loss of INR 9.54 Cr for the year against a profit of INR 6.50 Cr last year. Revenue declined to INR 64.47 Cr from INR 82.77 Cr. The company declared a buyback of up to 11.4 lakh shares at INR 70 each, totaling about INR 7.99 Cr, excluding promoters. Leadership changes include Ms. Surabhi Pasari stepping down as Company Secretary on maternity leave, replaced by Ms. Megha Tibrewal. Secretarial and internal auditors were appointed/re-appointed. Key directors are proposed for re-appointment, pending shareholder approval. Operating cash flow stood at INR 14.27 Cr, with a net cash decrease to INR 3.64 Cr. The buyback reflects management’s focus on supporting shareholder value amid declining profits.