Amagi Media Labs shares rose to Rs 572.50 on 22 October before sliding to Rs 552.20 after reporting a cyber extortion threat.

In a disclosure to exchanges, Amagi said an unknown person is claiming to have taken some of its operational and network setup data.

The same person has threatened to publish it unless the company pays. Amagi is checking that claim. That includes samples the person shared.

In simple terms, extortion means someone demands money to keep information private.

The company has not said who is behind the threat. It has also not said how much data is involved.

To get to the bottom of it, Amagi has brought in outside cybersecurity experts and legal counsel. The company has also informed the relevant authorities.

The probe will work out which systems and data are involved and whether any customers are affected. Services have not been disrupted.

So far, the company said, it has found no evidence that customer operations are affected.

It has put extra security measures in place as a precaution and does not expect a material financial impact at this stage.

Amagi will tell the exchanges if anything material emerges. The disclosure lands after a steady run of business updates.

Amagi, which listed on NSE on 21 January and provides cloud-based technology that helps broadcasters and streaming platforms deliver video, reported 29.5% revenue growth for FY26 on 20 May.

On 1 July, it said viewing hours on its free ad-supported streaming channels grew 55% in June 2026.

At 14:36 pm, Amagi shares were trading at Rs 563.25 on NSE, down by Rs 3.80 or 0.67% from the previous close of Rs 567.05.

The intraday low of Rs 552.20 was about 2.6% below that level. It’s still up about 61.8% so far this year, and the market capitalisation stands at around Rs 12,405 crore.

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