Sattrix Information Security Secures ₹21.3 Million Cybersecurity Deal with CSB Bank

Sattrix Information Security Ltd, one of the well-known players in the cybersecurity sector, has bagged a large order of ₹21.3 million from CSB Bank Ltd for license services for a period of 12 months. The order is a milestone for Sattrix, further solidifying its growing presence in the Indian banking and financial services sector.

 

Key Highlights

Deal Size and Term: Sattrix will provide cybersecurity license services valued at ₹21.3 million to CSB Bank Ltd, for a period of 12 months.

 

Scope of Services: The deal is anticipated to utilize Sattrix's cutting-edge managed cyber security solutions, such as real-time threat detection, 24/7 Security Operations Center (SOC) monitoring, and compliance support adaptable to the stringent regulatory demands of the banking industry.

 

Strategic Importance: This win reiterates Sattrix's ability to deliver robust, scalable, and compliant cybersecurity solutions to major financial institutions, further solidifying itself as a valued industry partner.

 

Growth Pattern: Sattrix has recorded a strong growth in finances, with its sales in 2025 at ₹446.32 million and net profits doubling over last year. Its focus on managed SOC services and proprietary platforms like NewEvol has positioned it as a cost-effective option as compared to global giants in the field of cybersecurity.

 

Industry Impact: With increasingly more sophisticated cyber threats, banks like CSB are prioritizing partnerships with niche firms like Sattrix to safeguard critical infrastructure and customer data.

 

Concerning Sattrix Information Security

 

Sattrix Information Security Ltd, founded in 2013 and headquartered in Ahmedabad, provides managed SOC as a service, vulnerability scanning, compliance, and management of IT infrastructure. The firm provides services to global customers through its subsidiaries in the US and UAE and provides tailored cybersecurity solutions to cloud and on-premises infrastructure. 

 

Source: Company filings to the regulator and business announcements on BSE, industry analysis by ValuePickr, and company profile by Markets Insider.