LG Balakrishnan & Bros Ltd

LG Balakrishnan & Bros Ltd disclosed on September 30 that its **select IT systems were compromised by a malware attack**, though the company assured that immediate containment measures were implemented to secure the systems. Authorities were notified, and operations continued as usual with no reported disruption to business functions. The incident occurred after market hours, and no explicit details were provided regarding data compromise, financial loss, or operational downtime beyond the initial malware intrusion.The company’s Q1 FY26 financials showed a revenue increase to ₹486 crore (from ₹436 crore YoY), but EBITDA declined slightly to ₹71 crore (from ₹74 crore). Leadership later noted potential slowdowns in the US industrial chains market but maintained growth targets of **10–15% for FY26**, with expansion plans into Vietnam or Cambodia. The stock closed marginally higher at ₹1375.55, suggesting **limited immediate market reaction** to the cyber incident.Given the lack of reported data breaches, financial fraud, or operational halts, the attack appears to have been **contained without severe consequences**, though the nature of the malware (e.g., ransomware vs. generic malware) was not specified.

Source: https://www.cnbctv18.com/market/lg-balakrishnan-share-price-says-cyberattack-hit-select-it-systems-assures-impact-contained-19697925.htm

L.G. Balakrishnan & Bros. Ltd cybersecurity rating report: https://www.rankiteo.com/company/lgb

"id": "lgb2131421111025",
"linkid": "lgb",
"type": "Cyber Attack",
"date": "9/2025",
"severity": "50",
"impact": "2",
"explanation": "Attack limited on finance or reputation"

{'affected_entities': [{'industry': 'Industrial Chains & Auto Components '
                                    'Manufacturing',
                        'location': 'India',
                        'name': 'LG Balakrishnan & Bros Ltd',
                        'type': 'Public Limited Company'}],
 'date_detected': '2025-09-30',
 'date_publicly_disclosed': '2025-09-30',
 'description': 'LG Balakrishnan & Bros Ltd reported that select IT systems of '
                'the company were hit by a malware attack on September 30. '
                'Immediate action was taken to contain the impact and secure '
                'the systems. Relevant authorities were notified, and the '
                'company continues to monitor the situation while operating '
                'business as usual.',
 'impact': {'operational_impact': 'Business operations continued as usual; no '
                                  'significant disruption reported',
            'systems_affected': ['select IT systems']},
 'investigation_status': 'Ongoing (company continues to monitor the situation)',
 'references': [{'date_accessed': '2025-09-30', 'source': 'CNBC-TV18'},
                {'date_accessed': '2025-09-30',
                 'source': 'Bombay Stock Exchange (BSE) Filing'}],
 'regulatory_compliance': {'regulatory_notifications': ['Relevant authorities '
                                                        'were duly notified']},
 'response': {'communication_strategy': ['Public disclosure to stock exchanges '
                                         'after market close'],
              'containment_measures': ['Immediate actions to contain the '
                                       'impact'],
              'enhanced_monitoring': ['Continuous monitoring of the situation'],
              'incident_response_plan_activated': True,
              'law_enforcement_notified': True,
              'remediation_measures': ['Securing the affected systems']},
 'stakeholder_advisories': ['Public disclosure to stock exchanges'],
 'title': 'Malware Attack on LG Balakrishnan & Bros Ltd',
 'type': 'Malware Attack'}