BSEMinolta Finance LtdHighNegative
Announced Tue, 7 Jul · 17:01 IST

Cyber security incident caused delay in disclosure filing

Regulatory & Legal View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Minolta Finance suffered a major cyber attack on the night of July 3, 2026, which caused a complete system crash and loss of critical data including login credentials, passwords and email records. Because of this, the company could not access the BSE Listing Centre to file the disclosure of the cyber security incident within the prescribed 24 hour timeline under SEBI LODR Regulation 30. Further, July 4 being a Saturday with heavy rainfall, key personnel and the IT developer were unavailable. The disclosure was filed on July 6 after partial restoration of systems. The company has requested BSE to condone the delay, stating it was unintentional and caused by unavoidable circumstances.

Likely market impact

Delayed disclosure may attract regulatory scrutiny. The cyber incident itself raises concerns about data security and operational continuity for the company.