+
Sattrix Secures Managed Security Contract With Public Sector Bank
ECONOMY & POLICY

Sattrix Secures Managed Security Contract With Public Sector Bank

Sattrix Information Security Limited said it has secured a significant order from one of India's leading public sector banking institutions, according to a disclosure filed with the BSE SME Division on seven July 2026. The company, formerly known as Sattrix Information Security Private Limited, stated the contract relates to managed security services for a cyber security defence centre. The order was awarded by a domestic entity and will be executed over a total duration of three years.

The firm specified that the broad consideration for the contract is Rs 93 million (mn) and that the engagement does not involve any promoter or promoter group interest in the contracting entity. The company also indicated that the arrangement does not constitute a related party transaction and that it will be carried out on an arm's length basis. The contract scope was described as managed security services to support the banking institution's defence centre.

The disclosure was made under Regulation thirty of the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, 2015, and included the information required by the relevant circular for corporate announcements. The filing referenced the scrip code 544189 for the company on the exchange SME segment and included the annexure of contract particulars. The company requested that the exchange take the information on record.

The announcement emphasised that the order represents a significant service engagement for the firm and sets a three year service period for ongoing monitoring and support. The company will oversee delivery of managed security operations and related cybersecurity measures for the bank's centre. No further financial details were provided beyond the disclosed contract value.

Sattrix Information Security Limited said it has secured a significant order from one of India's leading public sector banking institutions, according to a disclosure filed with the BSE SME Division on seven July 2026. The company, formerly known as Sattrix Information Security Private Limited, stated the contract relates to managed security services for a cyber security defence centre. The order was awarded by a domestic entity and will be executed over a total duration of three years. The firm specified that the broad consideration for the contract is Rs 93 million (mn) and that the engagement does not involve any promoter or promoter group interest in the contracting entity. The company also indicated that the arrangement does not constitute a related party transaction and that it will be carried out on an arm's length basis. The contract scope was described as managed security services to support the banking institution's defence centre. The disclosure was made under Regulation thirty of the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, 2015, and included the information required by the relevant circular for corporate announcements. The filing referenced the scrip code 544189 for the company on the exchange SME segment and included the annexure of contract particulars. The company requested that the exchange take the information on record. The announcement emphasised that the order represents a significant service engagement for the firm and sets a three year service period for ongoing monitoring and support. The company will oversee delivery of managed security operations and related cybersecurity measures for the bank's centre. No further financial details were provided beyond the disclosed contract value.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code