ALPHA TRIBE

Tracxn Technologies LimitedOthers, 07-08-2025: Copy of Newspaper Publication

07-08-2025 | 07:32 pm

Tracxn Technologies Limited has completed its share buyback, acquiring 1,066,666 equity shares at INR 75 each, totaling INR 7.99 crore. The buyback, conducted via a tender offer from July 24-30, 2025, saw significant interest with 6.55 times oversubscription, as 6,986,664 shares were tendered. This buyback represents 1.00% of the pre-buyback equity capital. Post-buyback, the paid-up equity capital reduced to INR 10.61 crore from INR 10.72 crore. The extinguishment of these shares is underway, enhancing shareholder value by reducing outstanding shares.

No comments yet. Be the first to comment!

All announcements from Tracxn Technologies Limited