NSEUpdates3d ago · 28 Oct 2026, 04:21 pm
Updates
Intellect Design Arena Limited · INTELLECT
✦ AI SummaryRegulatory
Intellect Design Arena Limited has informed the Exchange regarding a cyber security incident at its Canadian subsidiary, where an employee's email account was compromised and fake payment instructions were sent to a customer. The incident did not have any material bearing on the financial position or operations of the Company.
Analysis Scores
Earnings Impact1/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Intellect Design Arena Limited has informed the Exchange regarding 'Intimation of cyber security incident'.
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INTELLECT_28102026162052_Cybersecurity_incident.pdf
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IDAL/2026-27/SE/96 October 28, 2026
National Stock Exchange of India Ltd. Scrip Symbol - INTELLECT
BSE Ltd. Scrip Code - 538835
Dear Sir/Madam,
Sub: Intimation of cyber security incident
An employee's email account at our Canadian subsidiary was compromised and an unauthorized
party used it to send fake payment instructions to a customer.
The details required under SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 and applicable circulars (Hereinafter collectively referred to as “SEBI Listing Regulations”) are
set out in Annexure A.
This intimation is being made after a preliminary assessment, which was necessary to ascertain the
facts of the incident.
The Company will keep the stock exchanges informed of any material developments. This intimation
is also available on the Company's website, www.intellectdesign.com.
Kindly take this submission on record and oblige.
Yours Truly,
For Intellect Design Arena Limited
Prakash Bharadwaj
Company Secretary and Compliance Officer
ACS-37214
Relevant Details as required pursuant to SEBI Listing Regulations
Sl No. Particulars Details
An employee's email account at our
1. Nature of fraud
Canadian subsidiary was compromised
and an unauthorized party used it to send
fake payment instructions to a customer.
2. Estimated impact on the listed entity The incident did not have any material bearing
on the financial position or operations of the
Company. Based on the preliminary
assessment, there is no impact on the
Company's products, platforms or business
operations.
3. Time of occurrence The Company became aware of the incident
on October 22, 2026.
4. Person(s) involved Based on the preliminary assessment, no
person from the Company has been found to
be involved.
5. Estimated amount involved There has been no outflow of funds from the
Company’s Bank Accounts.
6. Whether reported to appropriate authorities / A police complaint has been filed in Canada
steps taken and the bank holding the beneficiary account
has been asked to freeze and recover the
funds. The affected account has been secured
and an independent cyber-security firm has
been engaged to investigate.
7. Explanation for delay The Company became aware of the incident
on October 22, 2026. The disclosure is being
made after a preliminary assessment of the
nature and quantum of the incident, which was
necessary to provide accurate information to
investors.