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Sattrix Subsidiary Secures USD 57,250 International Contract; Shares Slip 0.39%

By HDFC SKY | Updated at: Mar 6, 2026 05:58 PM IST

Sattrix Subsidiary Secures USD 57,250 International Contract; Shares Slip 0.39%
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MumbaiMarch, 6:Sattrix Software Solutions Private Limited, a wholly owned subsidiary of Sattrix Information Security Limited has secured an international work order for comprehensive product support services related to cybersecurity modules.

The contract has been awarded by a Singapore based technology entity for providing comprehensive product support services for NewEvol, a cybersecurity platform. According to an exchange filing made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 the order involves support services across multiple cybersecurity modules supplied by the company’s subsidiary.

The company stated that the engagement will be executed over a period of 26 months. The total consideration for the contract stands at $57,250, with the agreement carrying a 30 day credit term.

According to the filing, the transaction does not involve any promoter or promoter group interest in the awarding entity. The company further clarified that the contract does not fall under related party transactions and has been executed on an arm’s length basis.

Share Price Movement

Sattrix Information Security Limited shares were trading lower during the session on 6 March 2026.

The stock traded at ₹383.00, down ₹1.50 or 0.39%as of 11:12 IST on March 6, 2026, compared with the previous closing price of ₹384.50, according to exchange data. During the session, the stock opened at ₹382.90 and touched a high of ₹383.00 and a low of ₹376.40 so far.

The company’s market capitalisation stood at approximately ₹434.64 crore, with the stock trading at a price to earnings ratio of 46.05, based on available market data.

Company Background

Sattrix Information Security Limited operates in the cybersecurity and information security solutions segment. The company focuses on providing cybersecurity technologies, product platforms and related support services to enterprises and institutional clients.

Through its subsidiary Sattrix Software Solutions Private Limited, the group delivers specialised cybersecurity services including threat monitoring, product support, security operations assistance and platform management across global clients.

The company’s product ecosystem includes cybersecurity modules designed for enterprise network protection, monitoring and compliance management.

Conclusion

The newly secured international contract expands Sattrix’s service engagement with overseas technology partners and reflects continued demand for cybersecurity product support services.

While the contract value is modest relative to the company’s overall market capitalisation, the disclosure signals ongoing international service deployment through its subsidiary. Execution of the engagement over the next 26 months may contribute incremental service revenue, subject to delivery milestones and contractual terms disclosed in the regulatory filing.

Source:

  • https://www.bseindia.com/xml-data/corpfiling/AttachLive/37c598f7-97b4-4cc7-83ab-d946ea4c6dd5.pdf
  • https://www.bseindia.com/xml-data/corpfiling/AttachLive/c7b6fe0a-03fe-4f33-8ea1-ae6eac2cb10b.pdf
  • https://www.bseindia.com/stock-share-price/sattrix-information-security-ltd/SATTRIX/544189/
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