Enviro Infra Engineers Limited — Important, 02-07-2025: Fraud/Default/Arrest

Enviro Infra Engineers Limited has announced a cyber fraud incident involving fraudulent fund transfers totaling ₹11.15 crores from its bank account through impersonation. The fraud occurred over several days and was detected recently. An employee was reportedly manipulated by the fraudsters, with investigations and reports filed with cyber crime authorities underway. To offset the financial impact, the company’s Executive Directors have voluntarily decided to forego their salaries until the full loss is recovered. This step aims to reassure stakeholders and minimize operational disruption.