Sattrix Information Security Hires UAE IT Distributor for NewEvol Sales; Agreement Lasts 3 Years

Sattrix Information Security Limited has made a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, announcing that its wholly owned subsidiary, Sattrix Software Solutions Private Limited, has appointed a leading IT value-added distributor based in the UAE as its authorized distributor. The appointment covers the distribution, marketing, and sales of NewEvol, the company's cybersecurity platform, and marks a significant step in expanding its international market presence.

UAE Distribution Agreement for NewEvol

The authorized distributorship has been granted to one of the leading IT value-added distributors based in the UAE. The arrangement is international in nature and is structured for a period of three years. The disclosure was filed with BSE Limited's SME Division on 04th May, 2026, and was signed by Sachhin Kishorbhaigajjaer, Managing Director of Sattrix Information Security Limited.

The key details of the appointment, as disclosed under Annexure-A of the regulatory filing, are summarized below:

Parameter:	Details
Appointing Entity:	Sattrix Software Solutions Private Limited (wholly owned subsidiary)
Authorized Distributor:	One of the leading IT value-added distributors based in UAE
Purpose:	Distribution, marketing, and sales of NewEvol
Nature of Arrangement:	International
Contract Duration:	03 (Three) Years
Related Party Transaction:	No
Promoter/Group Interest in Distributor:	Nil

Regulatory Compliance and Disclosure

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that the promoter, promoter group, or group companies have no interest in the entity appointed as the authorized distributor. Additionally, the transaction does not constitute a related party transaction. The disclosure was submitted to the Listing Department of BSE Limited, SME Division, as required under the applicable listing regulations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-2.40%	-7.99%	+25.86%	+147.32%	+153.84%

Sattrix Information Security Limited has officially communicated to BSE Limited that it does not fall under the Large Corporate (LC) category as defined by SEBI regulations, thereby exempting the company from specific disclosure requirements for the financial year ended March 31, 2026.

Regulatory Framework and Compliance Status

The notification, dated April 10, 2026, references two key SEBI circulars that establish the framework for Large Corporate classification and associated disclosure requirements:

Circular Reference:	Details
Primary Circular:	SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018
Amendment Circular:	SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023
Subject Matter:	Fund raising by issuance of Debt Securities by Large Corporate

These circulars mandate specific disclosure requirements for companies classified as Large Corporates, including compliance reporting for debt securities issuance.

Classification Assessment

Sattrix Information Security Limited's assessment against the three mandatory conditions for Large Corporate status reveals partial compliance:

Condition:	Company Status
Listed Equity Shares on BSE:	✓ Meets Requirement
Outstanding Borrowings Criteria:	✗ Does Not Meet
Credit Rating Requirements:	✗ Does Not Meet
Overall LC Classification:	Not Applicable

Since the company satisfies only one out of three mandatory conditions, it does not qualify for Large Corporate classification under the SEBI framework.

Disclosure Exemptions

As a result of this non-LC status, Sattrix Information Security Limited is exempt from filing several mandatory disclosures for the Financial Year 2025-26:

Initial disclosure requirements under Annexure A
Annual disclosure requirements under Annexure B1
Additional annual disclosure requirements under Annexure B2

The formal notification was signed by Ms. Rina Kumari, Company Secretary & Compliance Officer (Membership No. A70059), ensuring proper regulatory compliance and transparency with the stock exchange regarding the company's classification status.