Tracxn Technologies Limited — Others, 03-06-2025: Shareholders meeting

Tracxn Technologies has announced a board meeting on the buyback of up to 11.43 lakh shares (1.07% of paid-up capital) at ₹70 per share, totaling up to ₹8 Cr. Funded through free reserves and securities premium, this buyback aims to optimize capital structure and return surplus cash to shareholders while improving key financial ratios. Promoters will not participate. The move supports efficient capital deployment without impacting solvency or credit standing. Shareholders will vote on the buyback proposal via postal ballot and e-voting.