Announced Tue, 7 Jul · 15:04 IST
Marine Electricals discloses cybersecurity incident; operations unaffected
Business Updates View source PDF
MARINE · price
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Price reaction · full curve 14 horizons · vs prior close
-10.7%1-day move
₹275.50
prior close
₹255.35
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In-mkt
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AI summary
Marine Electricals reported a potential cybersecurity incident stemming from a widespread firewall attack. An independent assessment firm has been engaged to find the root cause. Management confirms business operations and continuity are unaffected, with no material impact. Data loss risk is considered remote but cannot be fully ruled out. The disclosure was made voluntarily under SEBI listing rules as a good governance practice.
Likely market impact
Minor governance disclosure. No material operational impact reported, but investors should watch for any data loss or investigation updates.