Sattrix Information Security Files Rectification for ₹9.30 Crore SBI Contract Disclosure

1 min read     Updated on 02 Apr 2026, 08:13 AM
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Sattrix Information Security Limited has filed a rectification of its prior disclosure regarding a ₹9.30 crore Letter of Intent from State Bank of India for managed security services. The rectification, filed under SEBI Regulation 30, clarifies the three-year Managed Security Service Provider engagement for cybersecurity services, confirming it involves no related party transactions and represents a significant addition to the company's order book in the financial sector cybersecurity domain.

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Sattrix Information Security Limited has filed a rectification of its prior disclosure regarding the receipt of a Letter of Intent from State Bank of India for managed security services. The company submitted this rectification under Regulation 30 of SEBI listing regulations, providing updated details about the significant cybersecurity contract.

Rectification Filing Details

The rectification was filed on April 1st, 2026, addressing the prior disclosure made under SEBI regulations. The company clarified that the Letter of Intent was issued by a leading Public Sector Bank of India for engaging a Managed Security Service Provider.

Parameter: Details
Filing Date: April 1st, 2026
Regulation: SEBI (LODR) Regulations, 2015 - Regulation 30
Filed By: Ms. Rina Kumari, Company Secretary & Compliance Officer
Scrip Code: 544189

Contract Specifications

The rectified disclosure provides comprehensive details about the managed security services engagement. The contract involves supplying cybersecurity services as a Managed Security Service Provider for the bank's operations.

Contract Details: Specifications
Contract Value: ₹9,30,00,000 (exclusive of applicable taxes)
Duration: 3 years
Service Type: Managed Security Service Provider (MSSP)
Client: Leading Public Sector Bank of India
Nature: Domestic Entity

Regulatory Compliance Framework

The rectification filing includes detailed annexure as required under SEBI Circular for Corporate Announcements. The company confirmed that no promoter or promoter group has any interest in the entity awarding the contract, and the engagement does not constitute a related party transaction.

Service Scope and Implementation

The three-year engagement focuses on supplying cybersecurity services through comprehensive managed security provider capabilities. This contract represents a substantial addition to the company's order book in the cybersecurity defense sector, demonstrating its expertise in providing enterprise-level security solutions for major financial institutions.

Source: None/Company/INE0QUV01010/1a5d314d-3522-4060-aea5-3ebbe63a0425.pdf

Historical Stock Returns for Sattrix Information Security

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+2.97%+7.35%+26.72%+257.01%+151.27%

Will this ₹93 crore contract with a major PSU bank help Sattrix secure similar cybersecurity deals with other public sector financial institutions?

How might this three-year managed security services contract impact Sattrix's revenue growth and market positioning in the cybersecurity sector?

Could this partnership lead to expanded service offerings or additional cybersecurity products for the banking and financial services industry?

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Sattrix Information Security Secures Rs 2.65 Crore Order for Firewall Services

1 min read     Updated on 01 Apr 2026, 10:24 PM
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AI Summary

Sattrix Information Security Limited has secured a Rs. 2,65,09,006 order from a Global Tier-1 Enterprise for license and firewall services. The domestic contract spans one year and involves no related party transactions. This represents a significant business win for the cybersecurity company in the enterprise market segment.

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Sattrix Information Security Limited has announced securing a substantial order worth Rs. 2,65,09,006 from a Global Tier-1 Enterprise for supply of license and firewall services. The company informed BSE Limited about this development under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Order Details and Specifications

The contract involves supply of license and firewall services to be executed over a one-year timeframe. The order represents a significant business milestone for the cybersecurity solutions provider.

Parameter Details
Order Value Rs. 2,65,09,006 (exclusive of taxes)
Client Global Tier-1 Enterprise
Service Type License & Firewall Services
Execution Period 1 Year
Market Domestic

Contract Terms and Compliance

The order has been awarded by a domestic entity and falls under the category of cybersecurity infrastructure services. Key compliance aspects of the contract include:

  • No promoter or promoter group interest in the awarding entity
  • Does not constitute a related party transaction
  • Contract executed at arm's length basis
  • Full compliance with SEBI disclosure requirements

Business Impact

This order strengthens Sattrix Information Security's position in the enterprise cybersecurity market. The contract with a Global Tier-1 Enterprise demonstrates the company's capability to serve large-scale clients and deliver comprehensive security solutions. The one-year execution timeline provides revenue visibility for the company's firewall and licensing services segment.

The announcement was made through proper regulatory channels with Ms. Rina Kumari, Company Secretary & Compliance Officer, signing the disclosure document. The order value of Rs. 2,65,09,006 excludes applicable taxes, indicating the gross contract value will be higher upon final billing.

Historical Stock Returns for Sattrix Information Security

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+2.97%+7.35%+26.72%+257.01%+151.27%

Will this contract success help Sattrix secure additional orders from other Global Tier-1 enterprises in the coming quarters?

How might this significant order impact Sattrix's revenue guidance and margin profile for the current financial year?

Could this partnership lead to expansion opportunities in international markets given the client's global presence?

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1 Year Returns:+257.01%