Kedia’s Hold 14.60% Stake: This Multibagger IT Company Board Approves 1:1 Bonus Issue, Increases Authorised Share Capital and Announces AGM

DSIJ Intelligence-2 / 06 Sep 2025/ Categories: Mindshare, Trending

Kedia’s Hold 14.60% Stake: This Multibagger IT Company Board Approves 1:1 Bonus Issue, Increases Authorised Share Capital and Announces AGM

The stock is up by 75 per cent from its 52-week low of Rs 619 per share.

TAC Infosec Limited, a NSE-listed cybersecurity company today announced that the Board of Directors of TAC InfoSec Limited today approved the issue of bonus shares in the ratio of 1:1 i.e. every shareholder holding 1 (one) fully paid-up equity share of Rs 10/-each as on the record date to be fixed by the Board on a later date, will receive 1 (one) fully paid-up equity share of Rs 10/- each. The record date will be separately intimated. The Board approved the following: 

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  • Increase in Authorised Share Capital: The Board approved an increase in the Company’s Authorised Share Capital and the consequent amendment to its Memorandum of Association, subject to statutory and shareholder approvals. 
  • Bonus Issue for Shareholders: The Board approved a bonus issue of equity shares to existing shareholders in the ratio of 1:1, subject to necessary regulatory and shareholder approvals at the forthcoming Annual General Meeting (AGM). The bonus issue is aimed at rewarding shareholders and enhancing the liquidity of the Company’s equity shares by capitalising the Securities Premium Account. 
  • Annual General Meeting: The Board finalised the date, time, and draft notice of the AGM, where shareholders’ consent will be sought on the proposed resolutions and related matters. 

Commenting on the developments, Trishneet Arora, Founder & CEO, TAC Security said: The Board has approved a 1:1 bonus issue to reward our shareholders by capitalising the Securities Premium Account. This step reflects our commitment to shareholder value and will further strengthen the Company’s equity base for future growth.

About the Company

TAC InfoSec Limited (NSE: TAC), a publicly listed global cybersecurity firm specialising in vulnerability management, is known for its oversubscribed $1 billion IPO. Their flagship ESOF platform offers cyber scoring, risk quantification, and AI-powered vulnerability assessment and penetration testing. Holding CREST, PCI ASV, and ISO 27001 certifications, they partner with Google, Microsoft, and Meta for cloud security assessments. TAC Security serves a global clientele, including Fortune 500 companies, start-ups, and governments.

According to half-yearly results, the net sales increased by 157 per cent to Rs 18 crore and net profit increased by 100 per cent to Rs 8 crore in H2FY25 compared to H2FY24. In its annual results, the net sales increased by 150 per cent to Rs 30 crore and net profit increased by 150 per cent to Rs 15 crore in FY25 compared to FY24.

An ace investor, Vijay Kedia, owns 11,47,500 shares or 10.95 per cent stake and his son, Ankit Vijay Kedia, owns 3,82,500 shares or 3.65 per cent stake in the company as of March 2025. The stock is up by 75 per cent from its 52-week low of Rs 619 per share.

Disclaimer: The article is for informational purposes only and not investment advice.