TAC Infosec Ltd., a leading company in the field of cybersecurity, has announced the grant of 50,000 stock options under its TAC Employee Stock Option Scheme-2024. This grant was approved by the Nomination and Remuneration Committee of the company in a meeting held on March 22, 2025 through Audio/Visual Mode. The meeting commenced at 12:05 PM and concluded at 12:16 PM.

The stock options granted are part of the company’s strategy to retain and incentivize its employees, aligning their interests with the company’s long-term performance. Each stock option carries the right to apply for and be allotted 1 equity share with a face value of Rs. 10 each, at a grant price of Rs. 10 per option. The grant will be subject to the terms outlined in the company’s Employee Stock Option Scheme-2024 (ESOP 2024), which complies with the provisions of the SEBI (Share Based Employee Benefits) Regulations, 2021.

Key Terms of the Grant:

• Total number of shares covered by these options: 50,000 equity shares of Rs. 10 each.

• Vesting Period: The minimum vesting period for the stock options is 1 year and will not exceed a maximum period of 5 years from the date of grant.

• Exercise Period: The exercise period will begin once the options are vested and will expire 30 days after the vesting date.

• Pricing Formula: The face value of the stock was set at Rs. 10 per option.

• Options Lapsed/Exercised: These details will be determined once the exercise period concludes.

The TAC Employee Stock Option Scheme-2024 (ESOP 2024) has been formulated in line with SEBI regulations and approved by the company’s shareholders. The options will help boost employee morale and strengthen the company’s growth by tying employee rewards to the company’s performance.

In compliance with the SEBI (Listing Obligations and Disclosure Requirements) regulations, the details of this grant, including any changes or cancellations, will be disclosed in the future.

The company will monitor the exercise and lapse of these options as they are carried out over time. The effect on diluted earnings per share will be determined once the options are exercised.

For further details, TAC Infosec Ltd. has made this announcement available through the National Stock Exchange of India Limited.

This grant reflects the company's continued commitment to providing competitive incentives to its workforce while ensuring compliance with all regulatory requirements.

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