tracxn technologies granted 261,617 stock options to eligible employees under its TRACXN Employee Stock Option Plan 2016 (ESOP 2016) at an exercise price of Re.1 per option. The Nomination and Remuneration Committee approved the grant via a circular resolution dated May 29, 2026. This move aligns with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Each ESOP is convertible into one fully paid-up equity share with a face value of Re.1. The total number of equity shares covered by these options is 261,617. Shares arising from the conversion of these options will rank pari-passu with all other existing equity shares of the company. There are no lock-in restrictions on the shares arising from the exercise of vested options, except as may be required by applicable laws.

The options can be exercised within a period of five years from the date of vesting. The company stated that reasonable adjustments would be made to the number of options in case of corporate actions such as rights issues, bonus issues, mergers, or division sales, in accordance with the ESOP 2016 terms.

Key Details of ESOP Grant

The intimation regarding the grant was submitted to BSE Limited and National Stock Exchange of India Ltd. on May 29, 2026. Megha Tibrewal, Company Secretary and Compliance Officer, signed the disclosure on behalf of Tracxn Technologies Limited.

Tracxn Technologies Limited narrowed its net loss to ₹7.89 crore for the financial year ended March 31, 2026, an improvement from a loss of ₹9.54 crore in the previous year. Revenue from operations for FY26 stood at ₹83.97 crore, compared to ₹84.47 crore in FY25. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 25, 2026.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net loss of ₹2.63 crore, a significant reduction from the net loss of ₹7.58 crore in the same period last year. Total expenses for the year increased to ₹90.71 crore from ₹83.75 crore in the prior year. The Earnings Per Share (Basic) for FY26 was (₹0.73), compared to (₹0.89) in FY25. Excluding non-cash expenses primarily related to ESOPs, the adjusted EBITDA was negative ₹3.5 crore and adjusted PAT was positive ₹2.5 crore for FY26.

Operational Metrics

The company expanded its coverage of private company financials by over 10 times in FY26. Legal entities coverage grew to 3.5 million, while company coverage reached 0.7 million, up 41% YoY. Captables on the platform increased approximately 3 times YoY to 90,000. International revenue accounted for 55% of the total in FY26, with customers spanning over 50 countries. The number of users grew by 23% YoY to 6,227.

Strategic Initiatives

Management highlighted several growth drivers for FY27, including the scaling of sales and marketing teams, which now account for nearly 30% of total headcount. The company plans to nearly double its closing sales team to 60 by December 2026. Additionally, Tracxn is focusing on AI-native access to its data, launching a connector for Claude and an AI chat-based assistant for data querying. Regulatory data coverage is also expanding, with financials data now covering 2.8 million companies and cap tables tracking over 770,000 companies.

Board Decisions and Appointments

The Board of Directors, in its meeting held on May 25, 2026, approved the re-appointment of M/s. SPR & Co as the Internal Auditor for FY 2026-27. M/s. M S K C & Associates LLP was appointed as the Statutory Auditor for a period of five consecutive years, subject to shareholder approval at the ensuing 14th Annual General Meeting. Mr. Akshay Bhushan (DIN: 07213022) was appointed as an Additional Director (Non-Executive Independent Director) for a term of five years effective May 25, 2026, subject to shareholder approval.