Tracxn Allots 1.8 Lakh Equity Shares Under ESOP Plan

Tracxn Allots 1.8 Lakh Equity Shares Under ESOP Plan

SUMMARY

Market intelligence firm Tracxn Technologies has allotted 1.8 Lakh equity shares under its Employee Stock Option Plan 2016 (ESOP 2016) to eligible employees

With the fresh allotment, the paid-up share capital of Tracxn has increased to INR 10.47 Cr from INR 10.45 Cr earlier

As of last close, the company’s market cap stood at INR 978.14 Cr

Market intelligence firm Tracxn Technologies has allotted 1.8 Lakh equity shares under its Employee Stock Option Plan 2016 (ESOP 2016) to eligible employees.

In an exchange filing on Thursday (September 5), the company said its Nomination and Remuneration Committee approved the allotment of 1,82,892 equity shares at an exercise price of INR 1 per share.

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