Sattrix Information Security Limited has announced the receipt of initial work orders from Hitachi Systems India Private Limited to supply Managed Security Operations Center (SOC) services. The announcement was made on January 1, 2026, pursuant to Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Order Details and Terms

The work orders operate under the Partner Managed Services Agreement signed on December 2, 2025. According to the regulatory filing, the contract has a 12-month execution period with 30-day payment terms after receipt of invoice.

Strategic Partnership Framework

This strategic partnership combines Sattrix's specialized expertise in Advanced Cyber Security Defense Technology with Hitachi's market reach, enabling Hitachi to seamlessly scale its security portfolio for global clientele. Under the white-label arrangement, Sattrix will provide comprehensive, fully managed security operations to Hitachi's end customers while services are marketed under the Hitachi brand.

Technology and Service Capabilities

The services are powered by Sattrix's Advanced Cyber Security Defence Technology, an integrated platform that includes Security Information and Event Management (SIEM), Security Orchestration, Automation and Response (SOAR), User Behavior Analytics (UBA), Threat Intelligence (TI), and Machine Learning (ML). The collaboration focuses on modern Security Operations Center functions, providing 24/7 proactive threat detection and rapid incident response capabilities.

Management Commentary

Sachhin Gajjaer, Managing Director of Sattrix, commented on the partnership: "This agreement is a testament to the strength and reliability of our Advance Cyber Security Defence Technology. By integrating our deep expertise with Hitachi's market reach, we are empowering them to expand their security offerings without the need to develop an in-house innovative platform."

Company Background

Sattrix Information Security Limited, founded in 2013, operates as a globally trusted cybersecurity solutions provider offering end-to-end services across India, the USA, the Middle East, and Malaysia. The company's mission "Removing the Risk from the Universe" is reflected in its name, derived from Sat (Universe), Ri (Risk), and X (Extenuation). With over a decade of experience, Sattrix delivers agile, cloud-based and on-premise solutions that help enterprises protect digital assets, ensure compliance, and maintain business continuity.

Sattrix Information Security Limited's Board of Directors convened on December 15, 2025, to address a significant reversal in their preferential allotment strategy. The board abrogated its previous decision made on December 12 to issue one additional equity share, returning to the original share count following discussions with the stock exchange.

Board Meeting Developments

The board meeting was held on December 15, 2025, commencing at 3:45 PM and concluding at 4:00 PM. The primary agenda focused on reversing the decision made during the December 12, 2025 meeting regarding the issuance of an additional equity share under the proposed preferential allotment.

Preferential Allotment Revision Details

The company had initially proposed to issue 46,97,311 equity shares as per the in-principle application submitted to BSE Limited. Following discussions with the stock exchange, the board decided against rounding up fractional entitlements, maintaining the original share count.

Revised Allottee Distribution

The board approved the final distribution of shares among proposed allottees, with one minor adjustment to Mrs. Ronak Sachin Gajjar's allocation:

Stock Exchange Consultation Impact

The decision reversal came following discussions with BSE Limited, where it was determined not to round up fractional entitlements. This approach eliminates the need for the additional equity share that was previously approved to accommodate swap ratio calculations.

Regulatory Compliance

The board meeting outcome was communicated to BSE Limited's Listing Department under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Managing Director Sachhin Kishorbhai Gajjaer signed the regulatory filing, ensuring proper documentation of the board's revised decision.

This reversal demonstrates the company's commitment to aligning with stock exchange guidance while maintaining regulatory compliance in the preferential allotment process.