Announced Thu, 22 Jan · 14:11 IST

Business Update

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sattrix Information Security Ltd has received a work order from Hitachi Systems India Private Limited to supply Managed Security Operations Center (SOC) Services. The order is domestic in nature and will be executed over a period of 12 months. The total contract value is Rs. 55,00,000 (Fifty-Five Lakhs), exclusive of applicable taxes. The services will be delivered to Hitachi's designated end customer. The promoter group has no interest in Hitachi Systems India, and the order does not fall under related party transactions.

Likely market impact

The order adds about Rs. 55 Lakhs to the company's order book, supporting its managed cybersecurity services business. While positive, the value is modest and execution-based, so near-term stock impact may be limited unless more such orders follow.