Market intelligence platform Tracxn allots 1.34 lakh stock options to employees

Tracxn, a market intelligence platform, has announced that it will grant 133,523 stock options to eligible employees under its TRACXN Employee Stock Option Plan 2016.

The company’s Nomination and Remuneration Committee approved the move through a circular resolution passed on March 4, 2025.

Details of the stock options

According to official filings, each option converts into one fully paid-up equity share, carrying a face value of Re 1. The exercise price has been set at Re 1 per option. Employees who receive these grants can exercise their options within five years from the date they vest.

Once exercised, the resulting shares will rank equally with other equity shares already issued by Tracxn, with no additional lock-in restrictions apart from those mandated by law.

Compliance with SEBI regulations

Tracxn has confirmed that the grant complies with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations of 2021.

The employee stock options granted under ESOP 2016 will be subject to the plan’s standard clauses, including provisions for adjustments in the event of corporate actions such as rights issues, bonus issues, mergers, or sales of a division.

Although the total number of shares that may eventually be issued upon exercise will depend on how many options are exercised over time, the company noted that there are no immediate changes to its diluted earnings per share as a result of this grant.