Unifinz Capital India541358Cybersecurity incident
Cyber fraud: fraudulent payments of Rs. 7.69 crores from disbursal account; bank account frozen
Cyber fraud: fraudulent payments of Rs. 7.69 crores (~₹7.69 crore) from the disbursal account through 346 transactions on 20 Oct 2026, bypassing normal authorisation.
By ScoutQuest · · 2 min read
- Fraudulent Amount
- ~₹7.69 crore (Rs. 7.69 crores)
- Number of Transactions
- 346 transactions
- Transaction Size Range
- ₹19,996 to ₹2,49,999
What the company disclosed
- A cyber fraud took place on Tuesday, 20 October 2026, which was a non-working day for the company on account of Dussehra.
- An unidentified third party issued fraudulent payment instructions to the banker of the company's disbursal bank account.
- The payments were made from the designated disbursal account through the automated API integrated disbursal engine, bypassing the company's normal payment and authorisation process.
- The persons involved are described as unidentified individuals, unrelated to the company.
Amount involved
- The estimated financial impact is ~₹7.69 crore, stated to be subject to the outcome of the investigation and recovery proceedings.
- The same amount is described as transferred through 346 separate transactions, each between ₹19,996 and ₹2,49,999, to third-party bank accounts on 20 October 2026.
- In its covering letter the company put the fraudulent payments at Rs. 7.69 crores.
Timeline
- The transactions took place on 20 October 2026 between 11:43 AM and 13:54 PM.
- The management became aware of the incident on the morning of 21 October 2026, during the routine daily bank reconciliation of all loan disbursed accounts of the previous day.
Steps taken
- On the company's instruction, the bank has applied a freeze to the disbursal account.
- A complaint has been lodged with the National Cyber Crime Reporting Portal.
- Investigation within the company and further reporting with relevant authorities are in process.
What this means for a retail investor
- This is a fraud disclosure relating to the company's own disbursal account, not a routine compliance intimation.
- The figure of ~₹7.69 crore is the company's own estimate and is subject to investigation and recovery, so the eventual loss could differ from this number.
- The company states that no disruption to the business operations of the company has been identified.
- The company has said that further material developments in the matter will be intimated to the stock exchange.
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More numbers
- Fraudulent payments as stated in covering letterRs. 7.69 crores
- Estimated financial impact₹7,69,26,114
- Number of separate transactions346
- Smallest single transaction₹19,996
- Largest single transaction₹2,49,999
Source: BSE · 21 Oct 2026
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