Cyber attack caused system crash, delayed disclosure to BSE

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Tirupati Fincorp suffered a major cyber attack on the night of July 3, 2026, causing a complete system crash and loss of critical data including login credentials and emails. This prevented the company from accessing BSE's Listing Centre and filing the cyber incident disclosure within the required 24 hour timeline. Saturday July 4 saw heavy rainfall, keeping IT staff and the developer unavailable. The company filed the disclosure on July 6 after partial system restoration. It has now asked BSE to condone the delay, citing unavoidable circumstances.

Likely market impact

Cyber attack and data loss raise governance and operational risk concerns. BSE may or may not condone the delay, which could attract regulatory scrutiny.