Announced Thu, 1 Jan · 15:27 IST

Business Update

Business Updates View source PDF

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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 Limited has received an initial work order from Hitachi Systems India Private Limited to provide Managed Security Operations Center (SOC) Services on behalf of Hitachi's designated end customer. The contract is with a domestic entity, has a 12-month execution period, and operates under a Partner Managed Services Agreement. Payment terms are 30 days after invoice, and the scope can scale with evolving client requirements. The order value has not been disclosed, and there are no related-party or promoter interests involved.

Likely market impact

Adds a 12-month recurring revenue stream from a reputed Japanese-IT-major subsidiary (Hitachi), which could support steady income visibility, though the lack of disclosed order value limits how investors can gauge its impact on overall revenue.