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Awaiting price reaction for this filing.
Sattrix Information Security Ltd has received an order worth Rs. 75 lakhs from one of the globally recognized 'Big 4' consulting firms. The order is for supply of professional services related to Security Operations Center (SOC) implementation. The contract is domestic in nature, to be executed over a period of 6 months, with a 30-day payment term. There is no related party interest in the awarding entity, and the transaction is not a related party deal.
Positive development as getting business from a Big 4 firm adds credibility and brand value, though the order size of Rs. 75 lakhs is relatively modest and its impact on overall revenue will depend on the company's existing order book and scale of operations.