Graphite India has informed that the subsidiary swiftly undertook necessary measures to limit and remedy the impact of the IT security incident. This meant employing both containment and removal protocols to mitigate the threat. Furthermore, steps were taken to ensure the integrity of the systems infrastructure and data. The subsidiary employed local cyber security experts (including Cyber experts from local police authorities) available in Germany and enhanced security measures to recover the back-up data. The IT systems are running well. The subsidiary's business operations were affected minimally and with small costs.
The above information is a part of company’s filings submitted to BSE.