TAC Infosec Ltd, a cybersecurity firm backed by investor Vijay Kedia, announced a 1:1 bonus issue to shareholders.
Each existing shareholder will receive one additional share for each share held (face value ₹10).
The stock jumped ~5% on the news, hitting about ₹1,315 on NSE.
The bonus issue was approved in the company’s AGM held on Septe
mber 30.
The move is intended to reward investors and improve liquidity.
It may also broaden the shareholder base, especially retail inte
rest.
Cybersecurity is an increasingly important theme in markets, adding na
rrative strength.
But fundamentals must support the valuation beyond the bonus tailwind.
Investors will watch adjusted EPS, P/E after issuance.
TAC Infosec becomes a stock to track in the tech / secu
rity niche.