Sattrix Information Security Limited has announced securing a major order worth Rs 13.42 crore from one of India's leading global telecommunication companies. The cybersecurity firm disclosed this development through a regulatory filing under SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Order Details and Specifications

The contract involves the supply of product license services with a total value of Rs 13,42,00,000 (Thirteen Crore Forty-Two Lakh), exclusive of applicable taxes. The order is structured as a one-year engagement with a domestic telecommunication entity, highlighting the company's growing presence in India's telecommunications security sector.

Regulatory Compliance and Transparency

The company has fulfilled all disclosure requirements under Regulation 30 of SEBI (LODR) Regulations, 2015. The filing confirms that this is a standalone commercial transaction with no promoter or group company interests in the client entity. The order does not fall under related party transactions and maintains arm's length commercial terms.

Strategic Significance

This substantial order reinforces Sattrix Information Security's position in India's cybersecurity landscape, particularly within the telecommunications sector. The one-year service contract demonstrates the client's confidence in the company's product licensing capabilities and technical expertise. The domestic nature of the contract aligns with the company's focus on serving India's digital infrastructure requirements.

The announcement was made through an official communication to BSE Limited's SME Division, signed by Company Secretary and Compliance Officer Ms. Rina Kumari. This order represents a significant business development for the cybersecurity firm as it continues to expand its client base in critical infrastructure sectors.

Source: None/Company/INE0QUV01010/a6b24ef4-4eee-4da2-a2eb-46a36d0f09d2.pdf

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.