Sattrix Information Security has entered into a Strategic Alliance Memorandum of Understanding (MoU) with a leading Information Technology Hardware, Electronics Manufacturing and Solutions company in India on July 14, 2026. The partnership aims to jointly explore, develop, and market business opportunities in cybersecurity, digital transformation, cloud infrastructure, and AI-enabled platforms. This collaboration is intended to leverage the complementary strengths of both organizations to address enterprise and government sector demands.

Alliance Scope and Structure

The MoU establishes a broad framework for strategic collaboration on a principal-to-principal basis. The agreement is non-exclusive and does not create any partnership, joint venture, or mandatory financial commitment between the parties. The collaboration may include technology integration initiatives, joint marketing activities, co-branded offerings, and participation in tenders and requests for proposals (RFPs).

Strategic Objectives

The alliance targets the expansion of joint business to sell, resell, and distribute specialized IT and cybersecurity solutions in domestic and international markets. Mr. Sachhin Gajjaer, Managing Director of Sattrix Information Security Limited, stated that the strategic alliance marks an important step in strengthening market presence and expanding capabilities. The company aims to deliver enhanced value to customers and pursue new business opportunities through innovative technology solutions.

Financial and Operational Terms

No consideration has been paid or received pursuant to the execution of the MoU. Commercial terms, scope of work, investment commitments, and revenue-sharing arrangements will be governed through separate definitive agreements executed on a case-to-case basis. The MoU is valid for an initial period of one year, unless terminated earlier in accordance with its terms. The company clarified that no assured revenue or financial benefit arises solely from the execution of this MoU.

Sattrix Information Security Limited has corrected the aggregate value of purchase orders received in June 2026 to ₹12,44,84,192.50, excluding applicable taxes. The company identified an inadvertent clerical error in the aggregation of values during the compilation of its previous disclosure. The revised total, derived from both new and renewal orders, reflects the accurate sum of business secured during the month.

The company initially reported an aggregate value of ₹12,50,63,192.50 in a press release dated July 6, 2026. Following a reconciliation of the purchase orders, Sattrix determined that the earlier figure was incorrect. The corrigendum, submitted to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, supersedes the previous financial data provided to the exchange.

Sachhinkishorbhai Gajjaer, Managing Director of Sattrix Information Security Limited, stated that the receipt of purchase orders aggregating to ₹12,44,84,192.50 reflects continued customer confidence in the company's cybersecurity capabilities. He emphasized that these orders strengthen the order book and reinforce the focus on sustainable growth and operational excellence.

Sattrix Information Security Limited provides cybersecurity solutions across India, the USA, the Middle East, and Malaysia. The company clarified that the error was limited to the aggregation process and did not impact the underlying business transactions or the execution of the orders.