Tracxn Technologies Limited allotted 35,847 equity shares under ESOP 2016 at Re. 1/- per share on March 10, 2026, following approval by the Nomination and Remuneration Committee. The allotment increased the company's paid-up share capital from 10,67,00,533 to 10,67,36,380 shares, generating Rs. 35,847/- for the company. The newly issued shares rank pari passu with existing equity shares and are not subject to lock-in restrictions except as required by applicable laws.

Tracxn Technologies Allots 35,847 Equity Shares Under ESOP 2016 Plan

Tracxn Technologies Completes Equity Share Allotment Under ESOP 2016

Tracxn Technologies has successfully completed the allotment of 35,847 equity shares to eligible grantees under its Employee Stock Option Plan 2016 (ESOP 2016).

The allotment was made at an exercise price of Re. 1/- per equity share, reflecting a significant milestone in the company's efforts to reward and incentivize its employees.

The allotment was approved by the company's Nomination and Remuneration Committee, underscoring the company's commitment to its employees' growth and development.

Key Highlights:

Allotment of 35,847 equity shares under ESOP 2016
Exercise price of Re. 1/- per equity share
Approval by Nomination and Remuneration Committee

ESOP 2016: A Key Incentive Program for Tracxn Technologies Employees

The Employee Stock Option Plan 2016 (ESOP 2016) is a key incentive program designed to reward and motivate Tracxn Technologies' employees. The program offers a unique opportunity for employees to own a stake in the company, aligning their interests with those of the organization.

By completing the allotment of equity shares under ESOP 2016, Tracxn Technologies continues to demonstrate its commitment to its employees' growth and development, while also reinforcing its position as a leader in the industry.