Tracxn Technologies Limited has granted 135,404 (One Lakh Thirty-Five Thousand Four Hundred Four) employee stock options under the "TRACXN Employee Stock Option Plan 2016" (ESOP 2016). Each option has an exercise price of Re. 1/- and is convertible into one fully paid-up equity share with a face value of Re. 1/- each.
The grant was approved by the Nomination and Remuneration Committee of the Company via Circular Resolution dated August 27, 2026, at 12:24 PM. The options may be exercised within a period of five years from the date of vesting of the respective options.
Shares arising from the conversion of these options will rank pari-passu with all other equity shares of the Company and will not be subject to any lock-in restrictions except those required under applicable laws. The scheme complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Compliance Details:
- Regulatory Reference: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Regulation 30
- SEBI Master Circular Reference: HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
- Disclosure includes Annexure-1 with complete details as required under Schedule III
- Intimation uploaded on company website: www.tracxn.com
Key Terms:
- Each option confers right to apply for one equity share of face value Re. 1
- Reasonable adjustments will be made for corporate actions (rights issue, bonus issue, merger, etc.)
- No variations, cancellations, or exercises reported at this time
- No dilution impact calculation provided as options are newly granted