Sattrix Information Security Limited has secured a significant regulatory milestone with BSE Limited's in-principle approval for its preferential share issue. The approval, received on January 30, 2026, paves the way for the company to issue equity shares to both promoters and non-promoters through a share swap mechanism.

Share Issue Details

The BSE approval covers the following key parameters:

The approval was granted through BSE's letter reference LOD/PREF/TT/FIP/1606/2025-26, dated January 30, 2026, under Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Scheduled for Share Allotment

Following the BSE approval, the company has announced that its Board of Directors will convene on Tuesday, February 10, 2026, to consider and approve the allotment of the approved equity shares. The meeting details are as follows:

The intimation was communicated to BSE Limited on February 5, 2026, in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, and was signed by Ms. Rina Kumari, Company Secretary & Compliance Officer.

Regulatory Compliance Requirements

BSE has outlined several critical compliance requirements that the company must fulfill. The exchange emphasized that this in-principle approval should not be construed as approval for listing of the securities, requiring separate compliance for listing procedures.

The company must ensure strict adherence to multiple regulatory frameworks including Companies Act, 2013, Securities Contracts (Regulation) Act, 1956, SEBI Act, 1992, Depositories Act, 1996, SEBI (ICDR) Regulations, 2018, and SEBI (LODR) Regulations, 2015.

Post-Allotment Obligations

Upon completion of the allotment, Sattrix Information Security must submit a listing application within twenty days from the allotment date, as specified in SEBI circular SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023. The company has been advised that BSE reserves the right to withdraw the in-principle approval if any submitted information is found incomplete, incorrect, misleading, or in contravention of applicable regulations.

Sattrix Information Security Limited has secured a substantial order worth ₹55 lakhs from Hitachi Systems India Private Limited for managed Security Operations Center (SOC) services. The company announced this development through a regulatory filing under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Contract Details and Scope

The comprehensive contract details reveal the strategic nature of this business engagement:

The contract involves supplying managed Security Operations Center services on behalf of Hitachi Systems India Private Limited to its designated end customers. This arrangement positions Sattrix as a key security services provider in Hitachi's service delivery ecosystem.

Service Framework and Execution

The managed SOC services contract represents a comprehensive security solution offering. Sattrix will provide continuous security monitoring and management services, leveraging its expertise in cybersecurity operations. The 12-month execution timeline indicates a sustained engagement that could potentially lead to future contract renewals or expansions.

The domestic nature of this contract aligns with Sattrix's focus on the Indian cybersecurity market, where demand for managed security services continues to grow across enterprises seeking robust cyber defense capabilities.

Regulatory Compliance and Transparency

The company has confirmed full regulatory compliance in its announcement:

This clean regulatory status ensures the contract proceeds without any compliance complications, allowing for smooth execution and revenue recognition.

Business Impact and Significance

The ₹55 lakh contract represents a significant business win for Sattrix Information Security Limited, demonstrating the company's capability to secure orders from established technology firms like Hitachi Systems India. The managed SOC services segment continues to be a growth area in the cybersecurity industry, with organizations increasingly outsourcing their security operations to specialized providers.

This contract award validates Sattrix's positioning in the managed security services market and its ability to deliver enterprise-grade security solutions. The partnership with Hitachi Systems India could potentially open doors for additional business opportunities within the broader Hitachi ecosystem.

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