Announced Fri, 18 Apr · 13:30 IST

Business Update

Export Order Hard CurrencyBusiness 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 Ltd's wholly owned subsidiary, Sattrix Information Security Incorporation, has bagged an order to supply license services to a US-based healthcare entity. The order is valued at USD 384,000 (approximately ₹3.2-3.3 crore) and runs for 12 months starting April 17, 2025. The client name has not been disclosed due to confidentiality. The order is international, not a related party transaction, and the promoter group has no interest in the awarding entity. The company is listed on BSE's SME platform.

Likely market impact

This is a small but positive order for the company, demonstrating its ability to win international clients in the healthcare cybersecurity space. While the order size is modest, it adds to the company's export revenue and validates its service capabilities in the US market. Limited immediate impact expected on stock price given the relatively small order value.