Tracxn Technologies Limited has granted 261,617 (Two Lakh Sixty-One Thousand Six Hundred Seventeen) 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 May 29, 2026. 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. These shares shall not be subject to any lock-in restriction except those imposed under applicable laws.
The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
The scheme is in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. In case of any corporate action such as rights issue, bonus issue, merger, or sale of division, reasonable adjustments shall be made to the number of options in accordance with ESOP 2016.
Additional Announcements:
No additional corporate updates were provided in this filing.