India, April 11 -- Market intelligence platform Tracxn has allotted 4.3 Lakh stock options to eligible employees under TRACXN Employee Stock Option Plan 2016 (ESOP 2016).

In an exchange filing, the company said that its Nomination and Remuneration Committee approved the allotment of 4,28,488 equity shares at a face value of INR 1 each to eligible grantees upon exercise of vested options under TRACXN ESOP 2016.

The exercise price for the allotted shares is also INR 1 per share.

With the fresh allotment, the paid-up equity share capital of the company has increased to INR 10,68,94,582 (10.64 Cr) from INR 10,64,66,094 (10.64 Cr) earlier.

As per the stock's closing price on Monday (April 7), the newly allotted equity shares are worth INR ...