OMAX Autos Successfully Restores IT Systems Following Ransomware Attack Recovery

1 min read     Updated on 03 Apr 2026, 04:23 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

OMAX Autos Limited has successfully completed the restoration of its IT infrastructure following a ransomware attack initially detected on March 26, 2026. The company confirmed that all critical IT systems and operational functionalities are now fully restored and functioning normally, with detailed investigation revealing no material impact on core systems or data compromise.

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OMAX Autos Limited has successfully completed the restoration of its IT infrastructure following a ransomware attack that was initially detected in late March. The company informed stock exchanges that all critical IT systems, applications, and operational functionalities have been fully restored and are functioning normally.

Complete System Recovery Achieved

The automotive company announced the successful completion of necessary restoration, containment, and security measures in connection with the cyber security incident. This positive development comes after the initial ransomware attack was suspected on March 26, 2026, and confirmed on March 27, 2026.

Recovery Status: Details
System Status: Fully Restored
Operational Impact: No Material Impact
Data Compromise: None Confirmed
Investigation Status: Completed
Security Measures: Enhanced

Investigation Findings and Impact Assessment

Following a detailed investigation conducted by the company's internal IT team along with external cyber security experts, OMAX Autos confirmed that there has been no material impact on core systems, operations, or business continuity. Importantly, the assessment revealed that no sensitive operational or financial data has been compromised.

Investigation Parameter: Outcome
Core Systems Impact: No Impact
Business Continuity: Maintained
Operational Data: Not Compromised
Financial Data: Not Compromised
External Experts: Engaged

Enhanced Security Measures Implemented

The company has implemented all required remedial actions and further strengthened its cyber security controls to enhance resilience and prevent recurrence of such incidents. OMAX Autos continues to maintain regular monitoring of its IT environment as a proactive safeguard against future threats.

Regulatory Compliance and Communication

The update was communicated to BSE Limited and National Stock Exchange of India pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Kannu Sharma signed the official communication on April 03, 2026, providing the positive update on the incident resolution.

This successful recovery demonstrates the company's effective incident response capabilities and commitment to maintaining robust cyber security infrastructure while ensuring business continuity for stakeholders.

Historical Stock Returns for Omax Autos

1 Day5 Days1 Month6 Months1 Year5 Years
-1.98%+6.89%+19.74%-7.06%+26.49%+190.71%

What specific cybersecurity investments will OMAX Autos make to prevent future ransomware attacks?

How might this incident affect OMAX Autos' cybersecurity insurance premiums and coverage terms?

Will OMAX Autos face increased regulatory scrutiny or mandatory security audits following this breach?

Omax Autos Limited Announces Resignation of Internal Auditor M/s. Singhi Chugh & Kumar

1 min read     Updated on 27 Jan 2026, 07:51 PM
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Reviewed by
Shriram SScanX News Team
AI Summary

Omax Autos Limited has disclosed the resignation of internal auditor M/s. Singhi Chugh & Kumar, Chartered Accountants (Firm Registration No. 013613N), effective January 14, 2026. The Board of Directors acknowledged the resignation during their January 27, 2026 meeting. The firm was appointed as internal auditor for Financial Year 2025-26. The company has fulfilled its regulatory obligations by informing NSE and BSE under SEBI LODR Regulations and related circulars.

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Omax autos Limited has announced the resignation of its internal auditor M/s. Singhi Chugh & Kumar, Chartered Accountants, in compliance with regulatory disclosure requirements. The company informed both the National Stock Exchange and BSE about this corporate governance change through an official communication dated January 27, 2026.

Board Meeting and Resignation Details

The Board of Directors of Omax Autos Limited took note of the resignation during their meeting held on January 27, 2026. The resignation was submitted by M/s. Singhi Chugh & Kumar, who held the Firm Registration Number 013613N and were serving as the company's internal auditors for the Financial Year 2025-26.

Parameter Details
Internal Auditor Name M/s. Singhi Chugh & Kumar, Chartered Accountants
Firm Registration Number 013613N
Reason for Change Resignation
Date of Resignation January 14, 2026
Board Meeting Date January 27, 2026

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced compliance with SEBI Circular No. SEBI/HO/CFD/CFD-POD-1/P/CIR/2023/123 dated July 13, 2023, and Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Communication to Stock Exchanges

The formal intimation was sent to both major Indian stock exchanges where the company's shares are listed. Company Secretary and Compliance Officer Kannu Sharma signed the disclosure document, ensuring proper corporate governance protocols were followed. The company requested both exchanges to take the resignation information on record as part of standard listing compliance procedures.

Historical Stock Returns for Omax Autos

1 Day5 Days1 Month6 Months1 Year5 Years
-1.98%+6.89%+19.74%-7.06%+26.49%+190.71%

More News on Omax Autos

1 Year Returns:+26.49%