[[{“value”:”
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.
With the fresh allotment, the paid-up share capital of Tracxn has increased to INR 10.47 Cr from INR 10.45 Cr earlier.
Shares of the company on Friday (September 6) trading session closed at INR 93.54 apiece on the BSE.
As of last close, the company’s market capitalization stood at INR 978.14 Cr.
It is pertinent to note that Tracxn had also allotted 99,707 equity shares under its ESOP plan in early August.
(The story will be updated soon)
The post Tracxn Allots 1.8 Lakh Equity Shares Under ESOP Plan appeared first on Inc42 Media.
“}]]
Read More Latest Startup News From The Indian Startup Ecosystem – Inc42 Media