TAC Infosec Announces Bonus Shares to Boost Shareholder Value

TAC Infosec Limited, a prominent name in the cybersecurity sector, has announced a significant move to enhance shareholder value by approving the issuance of bonus shares in a 1:1 ratio. This initiative, set to be finalised at the company's upcoming Annual General Meeting, demonstrates TAC's commitment to rewarding its shareholders.

The Board of Directors has also approved an increase in the company's Authorised Share Capital, subject to statutory approvals. These measures are designed to expedite shareholder equity growth and improve the liquidity of TAC's stock.

Trishneet Arora, the CEO and Founder of TAC Security, highlighted this step as pivotal in reinforcing the company's equity base for future expansion. TAC Security, noted for its advanced cybersecurity solutions and collaborations with top tech companies, continues to innovate in vulnerability management and cyber risk quantification.

(With inputs from agencies.)