Nippon Life India resolves cyber security incident

Nippon Life India Asset Management Limited (BSE: 540767) announced today the full restoration of its systems following a cyber security incident first reported on April 10, 2025. According to the company's filing, all systems were shut down and isolated following the incident, with immediate restoration efforts undertaken with the assistance of cybersecurity experts. Core operating systems for fund management were restored by the next working day, followed by the mobile application and website. The company confirmed that the mobile application and website are fully functional. During the downtime, customers were directed to alternate channels, which remained unaffected. Nippon Life India Asset Management Limited stated that the incident did not have a material impact on the company's operations.