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Sattrix Information Security Ltd has received an order from CSB Bank Limited for the Supply of License Services. The contract is for a period of 12 months with a total value of Rs. 2.13 crore (Rs. 2,13,33,000). The order has been awarded by a domestic entity, and there is no related party or promoter group interest in CSB Bank. The company did not disclose the size of this order relative to its overall revenue.
This is a modest new contract for Sattrix, adding Rs. 2.13 crore in license services revenue over the next 12 months. The order diversifies the client base into the banking sector, but without knowing the company's total revenue, its materiality remains uncertain.