Enviro Infra Engineers Limited — Important, 02-08-2025: Fraud/Default/Arrest
02-08-2025 | 02:04 pm
02-08-2025 | 02:04 pm
Enviro Infra Engineers Limited has updated on a cyber fraud incident where ₹ 11.15 Cr was fraudulently transferred from its bank account. The company has recovered approximately ₹ 2.50 Cr, resulting in a net financial impact of about ₹ 8.65 Cr. This matter is actively being investigated by Cyber Crime authorities. In response, the company has strengthened internal controls and banking transaction protocols, alongside increasing employee awareness on cyber fraud risks. Executive Directors are continuing to forego their salaries to help compensate for the loss.
No comments yet. Be the first to comment!
