Sattrix Information Security Ltd — Important, 11-11-2025: Company Update

Sattrix Information Security Limited announced a deviation in the planned use of its Rs. 21.78 Crore IPO proceeds. The company initially aimed for in-house development of new products and technology. However, due to delays in acquiring necessary expertise, this strategy will now be outsourced to expedite the process and optimize resource allocation. Shareholders previously approved this strategic shift. Of the total IPO funds, Rs. 15.32 Crore has been utilized, with Rs. 6.46 Crore currently held in fixed deposits.