GSP Crop Science Reports Operational Continuity Amid Non-Core Cyber Security Incident
GSP Crop Science Limited has provided an update regarding a cyber security incident that affected certain non-core information technology systems within the company. The preliminary assessment of the event, which appears to involve ransomware, is ongoing as investigators work to determine the exact nature, scope, root cause, and potential impact.The company confirmed that upon becoming aware of the breach, management promptly activated its incident response protocols. Appropriate containment measures were initiated, alongside investigation, remediation, and restoration efforts supported by external cyber security experts.
Crucially, GSP Crop Science assured stakeholders that the integrity of core business functions remains unaffected. Key operations including manufacturing, sales, customer service, finance, and the company’s ERP systems are operating normally. The incident has been limited to non-core IT infrastructure, with restoration activities actively underway.
As per the assessment completed on July 1, 2026, GSP Crop Science concluded that the security event was an external cyber threat. Based on this assessment, the company has identified no material financial impact or operational loss attributable to the incident at this time.
The investigation into the cybersecurity incident remains ongoing. The Company stated it will issue further disclosures should any material developments arise in relation to the matter.
GSPCROP Stock Price Movement
GSP Crop Science Limited shares edged higher on Thursday, gaining 0.72% to close the session at ₹395.55 after seeing an absolute rise of ₹2.85. The stock movement occurred amidst a moderately active day as 119,028 shares were traded.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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