Business Update1 Apr 2026, 11:14 am
Sattrix Information Security Ltd Secures Rs. 9 Crore Contract from State Bank of India as Managed Security Service Provider
AI Summary
Sattrix Information Security Ltd has been awarded a Letter of Intent (LoI) from the State Bank of India (SBI) for a three-year contract worth Rs. 9,30,00,000 to supply Managed Security Service Provider (MSSP) for Cyber Security Defense Center (CSDC). This engagement is expected to strengthen Sattrix's position in the cybersecurity domain and contribute to its growth over the coming years.
Key Highlights
- Sattrix Information Security Ltd has secured a contract worth Rs. 9,30,00,000 from the State Bank of India for a three-year period.
- The contract involves supplying Managed Security Service Provider (MSSP) for Cyber Security Defense Center (CSDC).
- This engagement highlights Sattrix's expertise in the cybersecurity domain and its ability to cater to large financial institutions.
- The contract period is for three years, allowing Sattrix to establish a long-term relationship with SBI.
- This business update is expected to positively impact Sattrix's financial performance and market presence.