Cybersecurity7 Jul 2026, 04:50 pm
Tirupati Fincorp Explains Delay in Cyber Incident Disclosure
AI Summary
Tirupati Fincorp Ltd has submitted a response to the stock exchange regarding a delay in disclosing a material event related to a cyber security incident and data loss. The company experienced a major cyber-attack on July 3, 2026, leading to a system crash and inaccessibility of critical data, including login credentials and records. This prevented timely filing with the BSE. Further, the unavailability of key personnel and IT developers on July 4, 2026 (a Saturday) and due to heavy rainfall, compounded the delay. The disclosure was made immediately after partial system restoration and data retrieval. The company requests the delay be condoned due to these unavoidable circumstances.
Key Highlights
- Cyber security incident on July 3, 2026, caused system crash and data loss.
- Inaccessibility of electronic records delayed mandatory disclosure filing.
- Unavailability of IT personnel and adverse weather conditions contributed to the delay.
- Company filed disclosure upon partial system restoration and data retrieval.
Price Impact
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