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Tracxn Technologies Limited — Share Issue/Capital Change 2025
May 23, 2025
59586_rns_2025-05-23_b5a4b1f8-2a7d-4850-9f54-17cffc98d621.pdf
Share Issue/Capital Change
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Email: [email protected] Ph: +91 90360 90116 Website: www.tracxn.com
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May 23, 2025
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 at its meeting held on May 23, 2025 has approved the grant of 208,214 (Two Lakh Eight Thousand Two Hundred Fourteen) stock options to 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/0155 dated November 11, 2024 (“Master Circular”) has 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.
Date and time of occurrence of event/information: May 23, 2025, 03:25 P.M.
Thanking you.
Yours faithfully, For Tracxn Technologies Limited Surabhi Digitally signed by Surabhi Pasari Pasari Date: 2025.05.23 20:02:35 +05'30' Surabhi Pasari Company Secretary and Compliance Officer Membership No. F11215
Encl.: A/a
TRACXN TECHNOLOGIES LIMITED | CIN: L72200KA2012PLC065294 Registered Address: No. L-248, 2nd Floor, 17th Cross, Sector 6, HSR Layout, Bengaluru, Karnataka, 560102
Email: [email protected] Ph: +91 90360 90116 Website: www.tracxn.com
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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 | 208,214 (Two Lakh Eight ThousandTwo Hundred Fourteen) optionsgranted to eligible employees under“TRACXN Employee Stock OptionPlan 2016”(ESOP 2016). |
| 2 | Whether the scheme is in terms of SEBI (Share BasedEmployee 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 208,214(Two Lakh Eight Thousand TwoHundred Fourteen). |
| 4 | Pricing formula | The exercise price shall be Re. 1/-per ESOP |
| 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 dateof vesting of the respective options. |
| 7 | Options exercised | Not Applicable |
| 8 | Money realized by exercise 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 subjectto any lock-in restriction except suchrestrictions as may be imposedpursuant to requirements under theApplicable Laws. |
TRACXN TECHNOLOGIES LIMITED | CIN: L72200KA2012PLC065294 Registered Address: No. L-248, 2nd Floor, 17th Cross, Sector 6, HSR Layout, Bengaluru, Karnataka, 560102
Email: [email protected] Ph: +91 90360 90116 Website: www.tracxn.com
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Each such Option conferring a right upon the Employee to apply for one Equity Share of the Company of face value of Re. 1, in accordance with the terms and conditions of such issue and subject to the provisions of ESOP 2016. In case of any corporate action such as rights issue, bonus issue, merger, sale of division and others reasonable adjustments shall be made to the number of options in accordance with ESOP 2016. 13 Subsequent changes or cancellation Not Applicable or exercise of such options 14 Diluted earnings per share pursuant Not Applicable to issue of equity shares on exercise of options
Yours faithfully,
For Tracxn Technologies Limited Surabhi Digitally signed by Surabhi Pasari Pasari Date: 2025.05.23 20:02:54 +05'30' Surabhi Pasari Company Secretary and Compliance Officer Membership No. F11215
Place: Bengaluru Date: May 23, 2025
TRACXN TECHNOLOGIES LIMITED | CIN: L72200KA2012PLC065294 Registered Address: No. L-248, 2nd Floor, 17th Cross, Sector 6, HSR Layout, Bengaluru, Karnataka, 560102