TAC Infosec announces acquisition of US cybersecurity firm

Shares of TAC Infosec Ltd.'s shares rose to ₹812.55, hitting 5% upper circuit limit from the previous close. This surge followed the company's announcement that its US subsidiary, TAC Security, Inc., would acquire 100% of Sandia IT & Cyber-Security Services LLC for $25,000, expected to finalize by August 31, 2024.