Wins Rs 9.30 crore cybersecurity order from leading PSU bank

Govt Defence OrderBusiness Updates View source PDF

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AI summary

Sattrix Information Security has secured a three-year managed security services contract worth Rs 9.30 crore from a leading Indian public sector bank. The work involves running a cyber security defence centre for the bank. It is a domestic order with no related-party interest involved. The contract adds a marquee PSU client and provides multi-year revenue visibility.

Likely market impact

Positive: strengthens order book with a PSU bank win, giving multi-year revenue visibility and validating the company's cybersecurity capability.