Stockal's parent company responds after investors lose over ₹100 crore in a scam

Borderless Investing, parent company of Stockal, addressed unauthorised trading in customer accounts that led to fraudulent transactions worth around ₹100 crore on its platform. The company said its probe found "no evidence" of breach in its systems. It suspects affected users may have fallen victim to a social engineering attack involving information exposed in a data breach at another company.