Sattrix Information Security Secures ₹93 Million Cyber Contract

Jyoti Rathi - Kolkata Bureau Jul 07, 2026 2,950 Views

Sattrix Information Security Ltd has secured a ₹93 million contract to provide managed cybersecurity services to a major Indian public sector bank. The three-year engagement for a Cyber Security Defense Center strengthens the company's position in the financial services sector and supports its long-term strategy for recurring revenue growth.

The cybersecurity firm will provide managed security services to a major Indian financial institution over a three-year period.

AHMEDABAD — Sattrix Information Security Ltd has secured a significant contract valued at approximately ₹93 million (₹9.30 crore) to provide comprehensive managed security services for a leading public sector bank in India. The order, which was officially confirmed following a rectification filing with the BSE Limited, marks a pivotal expansion of the company’s footprint in the financial services cybersecurity sector.

Under the terms of the three-year agreement, Sattrix will serve as a Managed Security Service Provider (MSSP) for the bank’s Cyber Security Defense Center (CSDC). This engagement is designed to bolster the financial institution’s digital infrastructure against sophisticated cyber threats, reflecting a growing industry trend of outsourcing defense operations to specialized cybersecurity partners.

Strategic Role in Financial Cybersecurity

The contract, which excludes applicable taxes, underscores the company's technical capabilities in managing enterprise-level security deployments. As a specialized MSSP, Sattrix will oversee the operational aspects of the bank’s security defense, a role that typically involves real-time threat monitoring, vulnerability management, and incident response.

This project is a cornerstone of the company’s ongoing strategy to capture long-term revenue streams through multi-year service agreements. By embedding its solutions into the infrastructure of a leading public sector entity, Sattrix aims to reinforce its reputation as a trusted partner for mission-critical digital defense.

Growth and Market Expansion

The order comes amid a broader period of growth for Sattrix Information Security. Throughout the first half of 2026, the company has secured a series of contracts across diverse sectors, including power, media, and enterprise technology. These wins have been complemented by the recent acquisition of Sattrix Software Solutions Private Limited, a move aimed at consolidating the company’s software development and cybersecurity service capabilities.

"The receipt of these orders reflects the continued confidence customers place in our cybersecurity capabilities," noted Sachhin Gajjaer, Managing Director of Sattrix Information Security, in a recent corporate communication. "As cyber risks evolve, organizations are investing in robust, enterprise-grade security solutions to protect their digital assets."

Quote Section

"According to official filings, the contract for providing managed security services will be executed over a duration of three years, reinforcing the company's focus on sustainable, long-term business growth."

Why It Matters

This contract has significant practical implications for the cybersecurity landscape of India's financial sector. By outsourcing security management to a specialized provider, the bank can leverage external expertise and advanced threat-detection technology, which is essential for mitigating risks like data breaches and financial fraud. For Sattrix, the deal provides predictable revenue visibility and demonstrates the firm's competency in handling high-stakes, large-scale security mandates.

Key Facts at a Glance

Total Order Value: ₹93 million (₹9.30 crore), excluding taxes.
Duration: 3 years.
Service Scope: Managed Security Service Provider (MSSP) for a Cyber Security Defense Center (CSDC).
Client Category: Leading Public Sector Bank of India.
Strategic Focus: Long-term cybersecurity infrastructure and managed services.

FAQ

What services does Sattrix provide under this contract? Sattrix acts as a Managed Security Service Provider (MSSP), managing and monitoring the bank's Cyber Security Defense Center to detect and prevent threats.

Why is this a three-year engagement? Long-term contracts in the cybersecurity industry are designed to provide consistent, continuous security monitoring and maintenance, allowing for deeper integration of defense protocols.

How does this impact Sattrix’s market position? Securing a contract with a leading public sector bank significantly enhances the company’s credibility and serves as a reference point for future bids within the highly regulated financial services sector.