BSECompany Update1d ago · 24 Sept 2026, 03:26 pm
Announcement under Regulation 30 of SEBI LODR
Apollo Finvest India Ltd · 512437
✦ AI Summary▼ NegativeRegulatory
Apollo Finvest India Ltd has informed the BSE about a cyber fraud incident involving a joint bank account with a partner, resulting in an unauthorized transfer of funds. The company's proportionate share of the amount involved is approximately INR 2.94 Crores. The partner has confirmed to bear the entire loss and reimburse the company in full.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment3/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Apollo Finvest India Ltd - 512437 - Announcement Under Regulation 30 Of SEBI LODR
Attachments (1)
📄pdf
Download →
788e1822-5975-4fd1-bd82-4145c47a0c3b.pdf
View document text
APOLLO FINVEST
(INDIA) LTD.
CIN: L51900MH1985PLC036991
REGISTERED OFFICE: 301, Plot No. B-27,
Commerce Centre, Off New Link Road
Near Morya House, Andheri West, Mumbai,
Maharashtra 400053
Email Id: info@apollofinvest.com
Contact No. 7700986861
Website: www.apollofinvest.com
September 24, 2026
BSE Limited
25th Floor,
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai 400 001
BSE Scrip Code: 512437
Dear Sir/Madam,
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Disclosure of Material Cyber Fraud Incident under
Partnership Arrangement
Pursuant to Regulation 30(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 ("LODR Regulations"), we wish to inform you of a cyber fraud incident perpetrated 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 ("Partner"). The Company was informed by the Partner that the
compromise leading to the incident occurred at the Partner's end, resulting in an unauthorised and fraudulent
transfer of funds from the said joint account to multiple beneficiary accounts. Both the Company and the
Partner are victims of this fraud, which was perpetrated by external unauthorised parties.
The Company's proportionate share of the amount involved is approximately INR 2.94 Crores (subject to
final reconciliation between the parties), and as this exceeds the materiality threshold prescribed under
Regulation 30(4) of the LODR Regulations, this disclosure is accordingly being made.
Upon detection, the Partner promptly froze the affected account, filed complaints with the Cybercrime Cell
and the concerned bank's fraud unit, initiated recovery and reversal efforts with the banking partners
involved, and commenced an internal review to strengthen relevant controls and prevent recurrence. The
Partner has confirmed that it shall bear the entire loss arising from the incident and has undertaken to
reimburse the Company in full for the amount attributable to it, and such reimbursement is currently
pending.
The Company is closely monitoring the matter and coordinating with the Partner and relevant banking/law
enforcement authorities on recovery and reimbursement, and shall make further disclosures as may be
required under applicable law upon receipt of the reimbursement and/or any other material development.
This is for your information and records.
For and behalf of the Company,
Apollo Finvest (India) Limited
Mikhil Innani
Managing Director & CEO
DIN No.:02710749