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tracxn grants 135000 stock options to employees amid market challenges

Tracxn has allotted 1.35 lakh stock options to employees under its ESOP 2016 plan, with each option convertible into one equity share at an exercise price of INR 1. This comes amid a challenging market environment, as the company's shares have dropped significantly, reflecting a 36% decline in net profit for Q3 FY25. Despite these challenges, Tracxn continues to expand its offerings, recently launching Tracxn Lite to provide curated data access at no cost.
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Indian Rupee IND Neha Singh Rathore Abhishek Goyal
Business & Industry, Market Report
21:32 04.03.2025
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