Tirupati Fincorp Limited has submitted a response to BSE Limited regarding the delay in disclosure of a material event related to a cyber security incident.
The company suffered a major cyber security incident on the midnight of July 03, 2026, which resulted in a complete system crash and loss of critical data. This cyber attack made the company's login credentials, passwords, records, and other necessary documents stored in electronic mails inaccessible, preventing access to the BSE Listing Centre for filing the disclosure within the prescribed 24-hour timeline.
Additionally, July 04, 2026 (Saturday) presented further challenges due to heavy rainfall that made key personnel and the IT developer required to restore systems and retrieve data unavailable. The company emphasizes that the delay was solely due to these exceptional and unavoidable circumstances and was neither intentional nor with any intention to withhold material information.
The disclosure regarding the cyber security incident and data loss was eventually filed on July 06, 2026 at 05:15:06 PM under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, immediately after partial restoration of systems and availability of necessary information.
The company requests the exchange to take this explanation on record and condone the delay in submission.