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.

Sattrix Information Security Limited announced that its wholly-owned subsidiary has secured a significant international contract worth USD 57,250. The order was awarded by a Singapore-based technology entity for comprehensive product support services, marking an important milestone in the company's international business expansion.

Contract Details

Sattrix Software Solutions Private Limited, the wholly-owned subsidiary of Sattrix Information Security Limited, received the work order for comprehensive product support services for NewEvol. The contract encompasses multiple cybersecurity modules and includes favorable payment terms.

Service Scope

The contract involves the supply of comprehensive product support services for multiple cybersecurity modules under the NewEvol platform. This international engagement demonstrates the company's capability to serve overseas clients in the cybersecurity domain and expands its service footprint beyond domestic markets.

Regulatory Compliance

The company has confirmed that this contract does not involve any related party transactions and has been executed at arm's length. Additionally, the promoter group has no interest in the entity that awarded the contract, ensuring complete transparency in the business arrangement.

Strategic Significance

This international contract represents Sattrix Information Security's growing presence in the global cybersecurity services market. The 26-month duration provides revenue visibility and establishes a foundation for potential future engagements with international technology entities. The contract's focus on cybersecurity product support aligns with the company's core competencies and market positioning.