The company strengthens its top leadership team ahead of its growth plans by floating an IPO
With over two decades of experience in cybersecurity, Altaf Halde has been instrumental in launching and building IT security companies in South Asia
Previously, served as the Managing Director of Kaspersky Lab, South Asia, launching the company’s IT services arm
He would lead the APAC and Middle East Business for TAC Security
TAC Security has recently filed Draft Red Herring Prospectus (DRHP) with the NSE Emerge
MUMBAI, March 13, 2024: TAC Infosec Limited (“TAC Security” or “The Company”), a global leader in risk and vulnerability management, has appointed cybersecurity veteran Altaf Halde as the Chief Business Officer of the company. Altaf Halde’s appointment comes at a time when the company is eyeing business growth and expansion by raising funds from an initial public offering (IPO). In his new role, he will be responsible for developing and executing business strategies, besides overseeing the company’s operations in APAC and Middle East regions.
Equipped with an MBA degree from Newport University, USA, Altaf Halde brings with him over 20 years of experience in the cybersecurity industry in South Asian countries, including India, Bangladesh, Nepal and Sri Lanka. He has been instrumental in launching and building several IT security companies from the ground up, delivering revenue in millions.
In his previous assignment, he was designated as Senior Vice President and Global Business Head at Network Intelligence, Mumbai. He also served as Managing Director at Kaspersky Lab, South Asia, where he played a crucial role in launching and building the company’s IT services arm.
Commenting on the appointment, Trishneet Arora, Founder & Chief Executive Officer of TAC Security, said, “We are delighted to welcome Altaf Halde to our family. His experience and proven track record in cybersecurity sector will accelerate the company’s growth into the next orbit. We are excited to work closely with him to realise our further growth potential in domestic and global markets in keeping with the company’s aspirations.”
TAC Security has recently filed Draft Red Herring Prospectus (DRHP) with the NSE Emerge. The company, backed by stock market maven Vijay Kedia, offers risk-based vulnerability management and assessment solutions, cybersecurity quantification and Penetration testing to organisations of any scale, size, and business through the “SaaS model”.
The company provides security software products and solutions both in India and abroad to banks, financial institutions, government regulatory bodies and departments, large-scale enterprises (including business offices) such as HDFC, Bandhan Bank, BSE, National Payments Corporation of India, DSP Investment Managers Private Limited, Motilal Oswal Financial Services Limited and NSDL e-Governance.
For more information, please visit: https://tacsecurity.com/
Disclaimer: TAC Infosec Limited is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has filed the DRHP with the NSE Emerge. The DRHP is available on the website of BRLM and the website of NSE. Any potential investors should note that investment in equity shares involves a high degree of risk, and for details relating to the same, please refer to the DRHP, including the section titled “Risk Factors”, beginning on page 27.
The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act) or any state securities laws in the United States, and unless so registered, and may not be issued or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in accordance with any applicable U.S. state securities laws. The Equity Shares are being issued and sold outside the United States in ‘offshore transactions in reliance on Regulation “S* under the Securities Act and the applicable laws of each jurisdiction where such issues and sales are made. There will be no public offering in the United States.
