ESOP27 Aug 2026, 06:21 pm
Tracxn Technologies Grants 135,404 Stock Options
AI Summary
Tracxn Technologies Ltd announced the grant of 135,404 stock options to eligible employees under its ESOP 2016. The options have an exercise price of Re. 1/- each and are convertible into equity shares of face value Re. 1/-. The grant was approved by the Nomination and Remuneration Committee via circular resolution on August 27, 2026. These options can be exercised within five years from their vesting date and will rank pari-passu with existing equity shares upon conversion, without lock-in restrictions.
Key Highlights
- 135,404 stock options granted to employees.
- Exercise price set at Re. 1/- per option.
- Options fall under TRACXN Employee Stock Option Plan 2016.
- Grant approved by Nomination and Remuneration Committee.
- Options convertible to equity shares with Re. 1/- face value.
Price Impact
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