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.

Sattrix Information Security Limited has secured listing approval from BSE Limited for equity shares issued on preferential basis. The approval, dated March 05, 2026, marks a significant milestone in the company's capital restructuring through share swap arrangements.

Share Issue Details

BSE Limited has granted listing approval for 45,48,379 equity shares through its letter reference no. LOD/PREF/DA/FIP/1805/2025-26. The approved shares carry specific parameters that define the transaction structure.

Regulatory Compliance Requirements

The BSE approval comes with mandatory compliance conditions that Sattrix Information Security must fulfill before trading commencement. The exchange has outlined specific regulatory frameworks that govern the listing process.

Key compliance requirements include:

• Adherence to Regulation 167 of SEBI (ICDR) Regulations
• Filing shareholding pattern in XBRL mode if change exceeds two percent of total paid-up share capital
• Compliance with Regulation 31(1)(c) of SEBI LODR Regulations, 2015

Trading Approval Prerequisites

BSE has specified that trading approval will be granted only after the company submits required documentation. The exchange has established a comprehensive framework to ensure regulatory compliance before shares become tradeable.

Mandatory submissions include:

• Listing approval from National Stock Exchange of India Ltd. (if applicable)
• Confirmation letters from NSDL/CDSL regarding crediting shares to beneficiary accounts
• Confirmation about admitting capital to the depository system
• Lock-in confirmation letters for pre-preferential holdings (if applicable)

Timeline and Penalties

Sattrix Information Security must adhere to strict timelines as per SEBI regulations. The company has seven working days from the listing approval date to apply for trading approval, as mandated by SEBI circular no. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023.

Non-compliance with the specified timeline will attract penalties as outlined in the SEBI circular. This regulatory framework ensures timely processing and maintains market integrity for preferential share issues.