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Indian real estate company Raymond Ltd has reported a cybersecurity incident that affected some of its IT assets. According to a regulatory filing, the company stated that “a cybersecurity incident has occurred, impacting some IT assets, which have been isolated.”
The incident did not affect the company’s core systems and operations, it added.
The company assured that none of its customer operations and store operations were impacted and are functioning normally.
Raymond’s technical team, along with a team of cybersecurity experts and management, responded promptly to mitigate the incident’s impact.
“The company is investigating the matter, and necessary containment and remediation actions are being taken to address the incident,” the filing stated.
Since its inception in 1925, the Raymond Group has been a pioneer and leader in fabric manufacturing and later diversified into engineering and real estate.
After demerging its lifestyle business in 2024, Raymond Ltd now focuses on two core businesses: real estate and engineering.
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