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Tracxn Technologies Ltd. ( (IN:TRACXN) ) has shared an announcement.
Tracxn Technologies Limited has announced the grant of 143,140 stock options to eligible employees under its Employee Stock Option Plan 2016. This move, approved by the company’s Nomination and Remuneration Committee, is aimed at enhancing employee engagement and aligning their interests with the company’s growth objectives. The exercise price for these options is set at Re.1 each, and they can be exercised within five years from the date of vesting. This initiative is expected to strengthen Tracxn’s position in the industry by motivating its workforce and potentially improving operational performance.
More about Tracxn Technologies Ltd.
Tracxn Technologies Limited operates in the technology sector, providing a comprehensive platform for tracking and analyzing startup ecosystems globally. The company focuses on offering insights and data to venture capitalists, private equity firms, and corporate development teams.
Average Trading Volume: 20,678
Technical Sentiment Signal: Sell
Current Market Cap: 4.91B INR
For an in-depth examination of TRACXN stock, go to TipRanks’ Overview page.