Announced Fri, 1 Aug · 12:08 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 has received an order worth Rs. 75 lakh (Rs. 75,00,000) for supplying implementation services to set up a Security Operations Center (SOC). The order has been placed by what the company describes as a leading Global Consulting Entity, though it is classified as a domestic entity. The work is to be completed within 6 months, with payments made on a milestone basis. There is no promoter or group company interest in the awarding entity, and the order is not a related party transaction.

Likely market impact

This is a modest-sized new order for the company and adds to its order book, but the value is relatively small and no revenue guidance or margin details have been disclosed. Shareholders should view this as a routine business update rather than a major catalyst for the stock.