Sattrix Information Security Bags Cybersecurity Order from State Bank of India; Shares Up 5%

MT Newswires Live04-01

Sattrix Information Security (BOM:544189) said it has received a letter of intent from State Bank of India (NSE:SBIN, BOM:500112) for managed security services for a total value of 93 million Indian rupees, excluding taxes, according to a BSE filing on Wednesday.

The contract is for providing managed security services to the bank's cybersecurity defense center for three years, the filing said.

Shares of Sattrix jumped 5% in recent trade.

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