ERP Soft Systems Ltd reports technical failure of Structured Digital Database compliance software
ERP Soft Systems Limited has reported a significant technical failure involving its Structured Digital Database (SDD) compliance software that occurred on June 29, 2026. The SDD is a standalone regulatory compliance application maintained exclusively for recording the sharing of Unpublished Price Sensitive Information (UPSI), operating separately from the company's core accounting and operational systems.The technical failure resulted in the loss of data maintained within the SDD software. The company stated that despite efforts, it was unable to retrieve or restore this information as no system backup was available for the affected period.
The incident has been assessed by the company as being confined solely to the SDD compliance software. ERP Soft Systems Limited confirmed that its other financial reporting systems, accounting records, customer and vendor data, statutory records, and general business operations remain unaffected. Business and operational data are reported to be secure and intact, with normal business functioning continuing across all aspects of the company.
Upon identifying the technical failure, the management initiated several corrective measures to restore compliance integrity. These steps include restoring functionality to the SDD system, conducting a detailed internal review of the extent of the data loss, and reconstructing the SDD records for the affected period using available documentary evidence and internal correspondence, where possible. Furthermore, the company is implementing enhanced information security measures, including strengthening disaster recovery mechanisms and establishing periodic backup protocols, to prevent any recurrence of such an incident.
Stock Price Movement
At Friday's close, ERP Soft Systems Ltd saw its shares settle at ₹59.90, charting a decline of 4.92% from the previous closing price. The stock remained locked on this level throughout the day, trading completely flat with both the high and low registering at ₹59.90.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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