Vijay Kedia-backed cybersecurity stocks announce 1:1 bonus issue. Check details

Shares of Vijay Kedia-backed TAC Infosec Ltd rose 5% to the day’s high of Rs 1,315 on the NSE on Friday, October 10, after the cybersecurity company announced a one-for-one bonus issue of fully paid shares of Rs 10 each. The company said the decision followed shareholder approval at its ninth annual general meeting on September 30 and a subsequent nod from the National Stock Exchange of India.

The record date for determining eligible shareholders has been set for October 15, with the bonus shares expected to be credited on October 16 and available for trading from October 17, in accordance with SEBI guidelines.

The move follows strong financial performance. TAC Infosec reported a 157% year-on-year revenue increase for the second half of FY25, while net profit doubled over the same period. The stock was also among the top performers on the SMB platform, rising nearly 195% over the past year.

Trishneet Arora, founder and CEO of the company, said the bonus issue reflects confidence in TAC’s business fundamentals and growth prospects. He added that the company is expanding globally and investing in innovation and talent as part of its long-term strategy.

At its recent AGM, the Vijay Kedia-backed company also announced plans for a capital investment of $100 million by 2030, aimed at advancing its AI-led cybersecurity capabilities and setting up R&D hubs in India, US, Canada, Europe and Southeast Asia.

TAC, which has more than 6,000 customers in 100 countries including global technology companies such as Apple, Microsoft, Google, AWS and Adobe, says it has become the fifth largest vulnerability management company globally. The company is also eyeing a Nasdaq listing for its US arm, CyberScope, which recently secured a $1 million global order. The company continues to build out its AI-first product suite with offerings like Socify.ai, a pay-after-compliance platform, and its flagship Enterprise Security in One Framework (ESOF). TAC has also received major certifications including SOC 2, ISO 17025, CREST accreditation and iOXT authorization. At around 3.25 pm, the company’s shares were trading at Rs 1,295, up 3.5% from the last close of the NSE. Tac Infosec shares are up 30% in the past three months.

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