Cyber Fraud Amount Reconciled at INR 2,92,65,433; Reimbursement Received from Partner

Update on the cyber fraud in a joint bank account under a partnership arrangement.

Sat 26 Sep 2026

Cyber Fraud Amount Reconciled

INR 2,92,65,433

Reimbursement Status

Company has received from the Partner the amount attributable to it

Residual Financial Impact

Company does not anticipate any residual financial impact

What happened

Apollo Finvest had earlier informed the exchange about a cyber fraud carried out by unidentified third party/parties in relation to a joint bank account maintained under a partnership arrangement between the company and one of its partners.

The update

• The amount involved in the incident has now been reconciled between the company and the Partner at INR 2,92,65,433.
• The company has received from the Partner the amount attributable to it in relation to the incident.
• With this reimbursement, the company does not anticipate any residual financial impact on account of the incident.

Why it matters

A cyber fraud can raise concerns about money lost and about controls over accounts. Here the company has quantified the amount involved and stated that the share attributable to it has been reimbursed by the Partner, which addresses the financial side of the event as disclosed.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.