Sattrix Information Security Secures Purchase Order from Leading IT Hardware Solutions Firm
Sattrix Information Security Ltd has secured a significant purchase order from one of the leading Information Technology Hardware, Electronics Manufacturing and Solutions companies in India. The contract involves the supply of services related to implementing a Digital Personal Data Protection Act (DPDPA) compliance solution.The domestic entity awarded the project to Sattrix for the implementation of the specialized compliance solution. The total consideration specified under the Purchase Order is approximately ₹13.00 Lakhs, totaling Rs 13,00,000.00.
The contract details include milestones covering project initiation and completion through Phase 1, Phase 2, and Phase 3 deliverables, concluding with final sign-off, project closure, and handover. The execution timeline for the project is estimated at approximately 11 months.
Key transaction details of the secured services are summarized below:
| Particulars | Details |
|---|---|
| Entity Awarding Order | One of the leading Information Technology Hardware, Electronics Manufacturing and Solutions company (Domestic) |
| Nature of Contract | Supply of Services |
| Total Consideration | ₹13.00 Lakhs (Rs 13,00,000.00) |
| Contract Duration | Approximately 11 Months |
| Relationship Status | The order does not constitute a related party transaction. |
Stock Price Movement
Sattrix Information Security Ltd closed strong on Monday, with shares finishing at ₹370.00 after gaining 1.52%. The stock traded within a narrow range during the session, hitting a high of ₹370.00 and seeing a low of ₹365.50.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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