TAC Infosec's board has given an in-principle nod for a 1:1 bonus share issue, meaning one new share for every share held.

This move, pending shareholder approval, aims to reward shareholders and likely boost liquidity by doubling the number of outstanding shares.

The record date for eligibility will be announced soon.

Post-bonus, the paid-up capital will increase from Rs. 10.48 Cr to Rs. 20.96 Cr.

The bonus will be funded from the company's existing Securities Premium Account, which has ample reserves (Rs. 22.90 Cr available versus Rs. 10.48 Cr required).