Spandana Sphoorty Financial has informed that the Company has identified a cyberfraud incident involving unauthorised transactions debited from one of its bank accounts on November 1, 2026. The transactions, totalling approximately ?7.80 crore, were transferred to multiple beneficiary accounts. On identification, the Company immediately stopped the affected services in its production environment. The matter has been reported to the bank with a request for reversal of the transactions, freezing of the beneficiary accounts and a detailed investigation. A cyber fraud complaint has also been registered on the National Cyber Crime Reporting Portal (helpline 1930). The incident is also being reported to the other appropriate authorities. The Company has insurance for cyber fraud, and a claim is being filed with the insurance Company. Further, the Company is investigating the matter, any developments, including recoveries and the outcome of the investigation, will be intimated to the Exchange as and when the inquiry progresses. The details as required under SEBI Master Circular dated January 30, 2026, bearing reference number HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, is provided in Annexure – A.
The above information is a part of company’s filings submitted to BSE.
