The market intelligence platform Tracxn has extended its employee stock option program, giving qualified staff access to nearly 2.42 lakh stock options.

Tracxn stated in an exchange filing that the distribution of 2,42,855 equity shares under the TRACXN ESOP 2016 to the qualified grantees has been approved by the company’s nominating and remuneration committee through a circular resolution dated October 5, 2024.

The entire value of these stock options is INR 2.09 Cr, based on the closing price of the stock on Friday.

The company’s total paid-up equity share has increased from 10.47 Cr to over 10.49 Cr with the new allotment. Interestingly, all of these recently granted stock options are exercisable within five years of the day on which the options vest.

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