Business Update5 Sept 2025, 02:44 pm
Sattrix Information Security Ltd Secures License Services Contract from a Leading Private Sector Bank in India for Rs. 10,88,12,683
AI Summary
Sattrix Information Security Ltd, a company based in Ahmedabad, India, has announced that it has received an order for the supply of license services from one of the leading private sector banks in the country. The contract, which is worth Rs. 10,88,12,683, is for a period of 12 months with 100% payment terms within 30 days post delivery of the license. The company's corporate office and registered office are located in Ahmedabad, and its CIN is U72200GJ2013PLC076845. The bank that awarded the order is a domestic entity, and there are no related party transactions involved.
Key Highlights
- Sattrix Information Security Ltd has secured a contract for the supply of license services from a leading private sector bank in India.
- The contract is worth Rs. 10,88,12,683 and is for a period of 12 months.
- The payment terms are 100% within 30 days post delivery of the license.
- The bank that awarded the order is a domestic entity.
- There are no related party transactions involved.