Tracxn Technologies Grants 261,617 Stock Options

Tracxn Technologies Ltd's Nomination and Remuneration Committee approved the grant of 261,617 stock options to eligible employees under the TRACXN Employee Stock Option Plan 2016 (ESOP 2016). The options were granted at an exercise price of Re.1/- each, as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Each option is convertible into one fully paid-up equity share with a face value of Re. 1/-. The options can be exercised within five years from the vesting date.