https://nsearchives.nseindia.com/corporate/TAC_20072024191101_TACInfosecOutcomeoftheBoardMeeting.pdf
Mumbai, India – July 20, 2024 – TAC Infosec Limited (formerly known as TAC Infosec Private Limited), a leader in cybersecurity solutions, has announced the key outcomes from its Board of Directors meeting held on Saturday, 20th July 2024.
Key Approvals:
- TAC Employee Stock Option Scheme- 2024: The Board has approved the TAC Employee Stock Option Scheme- 2024, in accordance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, subject to shareholders’ approval by way of postal ballot. The scheme allows for the grant of up to 2,00,000 (Two Lakhs) employee stock options to eligible employees of the Company and its subsidiaries. The details of the scheme are enclosed in Annexure A.
- Conduct of Postal Ballot: The Board has approved the conduct of a postal ballot and the Notice of Postal Ballot seeking shareholder’s approval for the implementation of ESOP 2023. The copy of the Notice of Postal Ballot will be submitted to the exchange as soon as it is sent to the Shareholders of the Company through Email.
The outcome of the Board Meeting is also available on the Company’s website at www.tacsecurity.com.
Meeting Details: The meeting commenced at 03:00 PM and concluded at 06:45 PM.
