Sattrix Information Security Limited has announced a significant recognition for its leadership team, with Managing Director Mr. Sachhin Gajjaer being honored as 'The Leading Cyber Security Entrepreneur of India' by Insights Success India. The company disclosed this achievement through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Recognition Details

The prestigious recognition highlights Mr. Sachhin Gajjaer's exceptional contributions to the cybersecurity industry and his role in advancing digital security standards across India. The award specifically acknowledges his visionary leadership in developing AI-enabled cyber resilience solutions that have transformed how organizations approach digital security.

Company's Innovation Leadership

The recognition underscores Sattrix Information Security's commitment to innovation and excellence in the cybersecurity domain. The company has been at the forefront of developing cutting-edge security solutions that address the evolving threat landscape facing Indian businesses and organizations.

Mr. Gajjaer's leadership has been instrumental in positioning Sattrix as a pioneer in AI-enabled cyber resilience, helping organizations build robust defense mechanisms against sophisticated cyber threats. His vision has contributed significantly to transforming digital security standards across various industry sectors in India.

Industry Impact and Vision

The award reflects the broader impact of Sattrix's work in the cybersecurity space, particularly in leveraging artificial intelligence to enhance threat detection and response capabilities. Under Mr. Gajjaer's guidance, the company has focused on developing solutions that not only address current security challenges but also anticipate future threats in the rapidly evolving digital landscape.

This recognition comes at a time when cybersecurity has become increasingly critical for businesses across all sectors, with organizations seeking advanced solutions to protect their digital assets and maintain operational continuity.

Regulatory Compliance

Sattrix Information Security Limited, trading under scrip code 544189 on BSE's SME platform, has fulfilled its regulatory obligations by promptly informing the exchange about this significant development. The company's transparency in sharing this achievement demonstrates its commitment to keeping stakeholders informed about important corporate developments.

The recognition of Mr. Sachhin Gajjaer as 'The Leading Cyber Security Entrepreneur of India' not only honors his individual contributions but also highlights Sattrix Information Security's growing prominence in the Indian cybersecurity landscape.

Sattrix Information Security Limited has successfully obtained trading approval from BSE Limited for its preferential allotment of equity shares. The company announced this development through a regulatory filing under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements, marking a significant milestone in its capital structure enhancement.

Trading Approval Details

BSE Limited granted the trading approval through its letter dated March 18, 2026, with reference number LOD/PREF/SV/326/2025-2026. The approval encompasses the following share specifications:

Listing and Trading Commencement

The securities became officially listed on BSE effective Thursday, March 19, 2026. BSE issued Notice No. 20260318-31 dated March 18, 2026, to inform trading members about the new listing. This notice, available on the exchange's website, provides comprehensive details about the trading arrangements for these preferentially allotted shares.

Regulatory Compliance

The company has fulfilled all regulatory requirements for the preferential allotment process. The trading approval represents the final step in the share swap transaction, allowing the newly issued equity shares to be traded on the exchange platform. Sattrix Information Security's Company Secretary and Compliance Officer, Ms. Rina Kumari, signed the regulatory disclosure, ensuring proper compliance with SEBI regulations.

Share Swap Transaction Structure

The preferential allotment was executed through a share swap mechanism, involving both promoter and non-promoter categories. The issue price of Rs. 347 per share includes a significant premium of Rs. 337 over the face value, reflecting the company's current market valuation and growth prospects as assessed during the transaction structuring.