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Tracxn approves Rs 8 crore share buyback at over 20% premium

  • Tracxn Technologies approved a share buyback program worth almost Rs 8 crore, with a fixed repurchase price of Rs 70 per share, representing a 20% premium over Monday's closing price of Rs 57.49 on the NSE.
  • The buyback committee cleared the repurchase of up to 11,42,857 fully paid-up equity shares, equivalent to just over 1% of the outstanding shares as of March 2025. The record date for eligibility is set as July 18, 2025.
  • The decision for the share buyback comes amid financial challenges for Tracxn, as it reported a net loss of Rs 7.6 crore in Q4 FY25, compared to a profit of Rs 1.4 crore in the same period last year. Revenue grew by 3.9% year-over-year to Rs 21.1 crore.
  • Founded in 2013 by Neha Singh and Abhishek Goyal, Tracxn tracks startups and private companies globally, providing detailed data on funding rounds, cap tables, and financials.

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