Surat Trade and Mercantile Ltd Detects Cyber Security Incident

Surat Trade and Mercantile Ltd has reported a cyber security incident involving a ransomware threat within its IT systems. The company promptly initiated containment and mitigation measures. Preliminary assessments indicate no data loss, no compromise of confidential information, and no material impact on operations. The company is strengthening its cyber security framework to prevent recurrence and will continue to monitor the situation, disclosing any material developments.