Mumbai, India – April 25, 2024 – TAC Infosec Limited (NSE: TAC) wishes to address the recent inquiries and provide clarification regarding the price movement of our shares. This communication is in response to the query raised by the National Stock Exchange of India Limited (Reference No. NSE/CM/Surveillance/14215).
TAC Infosec Limited has consistently adhered to the highest standards of transparency and compliance. We have diligently informed the Exchange of all relevant events and information that may impact our operations and performance, including all price-sensitive information, as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
We affirm that no material information or event has been withheld that, in our opinion, would influence the price or volume behavior of our stock. All pertinent information has been regularly disseminated in accordance with SEBI regulations.
The recent fluctuations in our stock price are purely driven by market conditions. We believe that the price movement is a result of market dynamics and investor behavior, and not due to any undisclosed developments within the company.
We remain committed to maintaining transparency and upholding the trust of our investors and stakeholders.
