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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sattrix Information Security Ltd has secured a work order from Cadila Pharmaceuticals Limited for the supply of cyber security products and technical support. The contract is for a duration of one year with 30-day payment terms. The order has been awarded by a domestic entity, and there is no related party interest between the promoter group and Cadila Pharmaceuticals. The filing was made under SEBI's Listing Obligation and Disclosure Requirements Regulations. No specific monetary value of the order has been disclosed in the announcement.
This is a new domestic business win for Sattrix in the cyber security segment, but without the order value disclosed, investors cannot assess the financial impact. The order from a known pharmaceutical major adds credibility, though the one-year duration suggests it's a standard recurring support contract rather than a transformational deal.