Sattrix Information Security Wins ₹17.35 Crore Bank Order; Shares Rise 5%

Mumbai, August 20: Sattrix Information Security Limited has secured a ₹17.35 crore contract from a private sector bank in India for providing Splunk enterprise security solutions for one year.

Sattrix Information Security Secures ₹17.35 Crore Order From Private Bank

The company disclosed the order to the BSE under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The contract is valued at ₹17,35,03,476 and covers Splunk Enterprise and Enterprise Security Premium services.

The engagement will run for one year. According to the filing, the order has been awarded by a domestic entity and Sattrix’s promoter group does not have any interest in the bank that placed the order. The company also confirmed that the contract does not fall under the related-party transaction category.

The order gives Sattrix another sizeable engagement in the banking sector, where enterprise security and monitoring requirements remain an important part of technology infrastructure. The filing, however, does not provide further details on the identity of the bank or the commercial terms beyond the disclosed contract value and duration.

Stock Market Snapshot

Sattrix Information Security share price climbed to ₹376.95 as of 2:44 pm IST on August 20, 2026, according to the market data provided. The stock was trading around ₹359 when the displayed trading activity began and subsequently moved above ₹360 before gaining momentum.

The shares were up by about 5% at the latest available timestamp, with the chart showing the stock reaching ₹376.95. The move came as the company disclosed the new ₹17.35 crore contract.

While the timing of the announcement and the stock movement coincided, the regulatory filing does not state that the order was responsible for the share price gain.

Sattrix Information Security Expands Enterprise Security Order Book

Sattrix Information Security operates in the cybersecurity and information security services segment, providing technology solutions to enterprise customers.

The latest contract is centred on Splunk Enterprise and Enterprise Security Premium, both of which sit within the enterprise security and monitoring ecosystem. For the company, the one-year engagement adds to its contracted business and strengthens its presence with a private sector banking customer.

The company was formerly known as Sattrix Information Security Private Limited, according to the exchange disclosure.

₹17.35 Crore Contract Adds Visibility ForThe Coming Year

The contract gives Sattrix Information Security a ₹17.35 crore domestic engagement spread over a one-year period. It also adds a banking-sector customer to the company’s enterprise security business, although the filing does not identify the customer.

For investors tracking the stock, the immediate market reaction was positive, with shares trading at ₹376.95 and gaining about 5% at 2:44 pm IST on August 20, 2026. The company has made no separate statement in the filing linking the stock movement to the contract.

Source:

• https://www.bseindia.com/stock-share-price/sattrix-information-security-ltd/sattrix/544189
• https://www.bseindia.com/xml-data/corpfiling/AttachLive/095b41d3-3336-4529-b921-e3764de40699.pdf