Cybersecurity10 April 2026 at 05:48 am
Yash Highvoltage reports ₹2.10 Cr cyber fraud
AI Summary
Yash Highvoltage Ltd has provided an update on a previously reported cyber fraud incident, confirming a total amount of ₹2.10 crores involved. The financial impact includes ₹1.36 crore against partially received material and ₹73.90 lacs for non-receipt of material. In response, the company has filed online complaints with the National Cyber Crime Reporting Portal and the Vadodara Police Commissioner on April 9, 2026. Additionally, Yash Highvoltage is implementing initiatives to strengthen internal controls around document reviews and due diligence to prevent future occurrences.
Key Highlights
- Total cyber fraud amount reported is ₹2.10 crores.
- Impact includes ₹1.36 Cr for partial shipment and ₹73.90 L for non-receipt.
- Company filed complaints with cyber crime portal and local police.
- Initiatives are underway to strengthen internal controls and due diligence.