An Intimation under Regulation 30 of SEBI (LODR), 2015
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Awaiting price reaction for this filing.
On 22 May 2025, Choksi Laboratories informed BSE that its computers and servers were hacked and locked by unidentified sources in a cyber-attack. The company has filed a complaint with the DCP Crime Branch in Indore and is assessing the impact on operations and data integrity. Management stated there is currently no material disruption to core business activities, and critical operations are functioning normally. However, the incident has fully disrupted the preparation and finalisation of FY2024-25 financial results, which may delay the board meeting originally scheduled for 29 May 2025.
Short-term concern for shareholders: delayed FY25 results and uncertain operational impact from a ransomware-style attack, though management claims no material disruption so far. Could weigh on investor sentiment until the extent of data compromise and recovery timeline are known.