Tracxn Technologies Limited — Capital/Financing Update 2024

Feb 27, 2024

TRACXN TECHNOLOGIES LIMITED

February 27, 2024

To, To, BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block, Dalal Street, Bandra-Kurla Complex, Mumbai- 400001 Bandra (E), Mumbai - 400051 Scrip Code: 543638 Company Code: TRACXN

Sub: Intimation for Grant of Employee Stock Options under “TRACXN Employee Stock Option Plan 2016”

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 , we wish to inform that Nomination and Remuneration Committee of the Company vide Circular Resolution dated February 27, 2024 has approved the grant of 1,36,567 (One lakh Thirty-Six Thousand Five Hundred and Sixty-Seven) stock options to 51 eligible employees under TRACXN Employee Stock Option Plan 2016 (ESOP 2016) at an exercise price of Re. 1/- each.

The details required to be furnished under Regulation 30 of Listing Regulations read with SEBI circular SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 (“Master Circular”) and SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 issued thereunder have been attached as an Annexure-1.

The intimation is also being uploaded on the Company's website at www.tracxn.com.

We request you to kindly take the above on record.

Thanking you.

Yours faithfully, For Tracxn Technologies Limited

MEGHA Digitally signed by MEGHA TIBREWAL TIBREWAL Date: 2024.02.27 16:50:44 +05'30'

Megha Tibrewal Company Secretary and Compliance Officer ACS-39158

Encl.: A/a

Registered Office Address: No. L-248, 2nd Floor, 17th Cross, Sector 6, HSR Layout, Bengaluru, Karnataka, 560102 Ph: +91 90360 90116, Email: hi@tracxn.com, Website: www.tracxn.com CIN: L72200KA2012PLC065294

TRACXN TECHNOLOGIES LIMITED

Annexure-1

Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing and Disclosure Requirements) Regulations, 2015 read with Schedule III

Sr.No.	Particulars	Details
1	Brief details of options granted	1,36,567(OnelakhThirty-SixThousand Five Hundred and Sixty-Seven) options granted to 51 eligibleemployeesunder“TRACXNEmployee Stock Option Plan 2016”(ESOP 2016)
2	Whether the scheme is in terms of SEBI (ShareBased Employee Benefits and Sweat Equity)Regulations, 2021 (if applicable_)_	Yes
3	Total number of shares covered by these options	Each ESOP is convertible into onefully paid-up equity share havingface value of Re. 1/- each.The total number of equity sharescovered by these options is 1,36,567(One lakh Thirty-Six Thousand FiveHundred and Sixty-Seven).
4	Pricing formula	The exercise price shall be Re. 1/- perESOP
5	Options vested	Not Applicable
6	Time within which option may be exercised	All options may be exercised withina period of five years from the date ofvesting of the respective options.
7	Options exercised	Not Applicable
8	Moneyrealized byexercise of options	Not Applicable
9	The total number of shares arising asa result of exercise of option	Not Applicable
10	Options lapsed	Not Applicable
11	Variation of terms of option	Not Applicable
12	Brief details of significant terms	Shares arising on conversion of theOptions will rank pari-passu with allother Equity Shares of the Companyfor the time being in issue.The Shares arising out of exercise ofVested Options shall not be subject toany lock-in restriction except such

Registered Office Address: No. L-248, 2nd Floor, 17th Cross, Sector 6, HSR Layout, Bengaluru, Karnataka, 560102 Ph: +91 90360 90116, Email: hi@tracxn.com, Website: www.tracxn.com CIN: L72200KA2012PLC065294

TRACXN TECHNOLOGIES LIMITED

		restrictions as may be imposedpursuant to requirements under theApplicable Laws.Each such Option conferring a rightupon the Employee to apply for oneEquity Share of the Company of facevalue of Re. 1, in accordance with theterms and conditions of such issueand subject to the provisions of ESOP2016.In case of any corporate action suchas rights issue, bonus issue, merger,sale of division and others reasonableadjustments shall be made to thenumber of options in accordance withESOP 2016.	restrictions as may be imposedpursuant to requirements under theApplicable Laws.Each such Option conferring a rightupon the Employee to apply for oneEquity Share of the Company of facevalue of Re. 1, in accordance with theterms and conditions of such issueand subject to the provisions of ESOP2016.In case of any corporate action suchas rights issue, bonus issue, merger,sale of division and others reasonableadjustments shall be made to thenumber of options in accordance withESOP 2016.
		Applicable Laws.Each such Option conferring a righupon the Employee to apply for onEquity Share of the Company of facvalue of Re. 1, in accordance with thterms and conditions of such issuand subject to the provisions of ESO2016.In case of any corporate action sucas rights issue, bonus issue, mergersale of division and others reasonabladjustments shall be made to thnumber of options in accordance witESOP 2016.
13	Subsequent changes or cancellationor exercise of such options	Not Applicable
14	Diluted earnings per share pursuantto issue of equity shares on exerciseofotions	Not Applicable
	p

Yours faithfully, For Tracxn Technologies Limited

MEGHA Digitally signed by MEGHA TIBREWAL TIBREWAL Date: 2024.02.27 16:51:06 +05'30'

Megha Tibrewal Company Secretary and Compliance Officer ACS-39158

Place: Bengaluru Date: February 27, 2024

Registered Office Address: No. L-248, 2nd Floor, 17th Cross, Sector 6, HSR Layout, Bengaluru, Karnataka, 560102 Ph: +91 90360 90116, Email: hi@tracxn.com, Website: www.tracxn.com CIN: L72200KA2012PLC065294