Cybersecurity stock in focus as Vijay Kedia’s name emerges in revised preferential allotment

SYNOPSIS: Sattrix Information Security withdrew its plan to issue one additional equity share under preferential allotment, revising the total issuance to 46,97,311 shares after deciding not to round off fractional entitlements.

During Tuesday’s trading session, shares of a global cybersecurity leader offering end-to-end customer-centric services are in focus on the stock exchanges, after the prominent investor Vijay Kedia’s name emerged in the company’s preferential allotment revision.

At 11:03 a.m., shares of Sattrix Information Security Limited were trading in the green at Rs. 268.6 on BSE, up by around 1 percent, as against its previous closing price of Rs. 266.8, with a market cap of Rs. 182.6 crores. The stock has delivered positive returns of around 32 percent in the last six months, but has fallen by more than 1 percent in the last one month.

What’s the News

According to the latest disclosures filed with the stock exchanges, the Board of Directors of Sattrix Information Security Limited, at its meeting held on 15th December 2025, has considered and approved the withdrawal of the decision to issue 1 (one) additional equity share under the proposed preferential allotment, which had been approved in the Board meeting held on 12th December 2025.

Initially, the company had proposed to issue 46,97,311 equity shares, as outlined in the in-principle application submitted to BSE Limited under the preferential allotment process. Subsequently, a revision in the swap ratio led to a recalculation of share entitlements, resulting in fractional entitlements. To address this, the Board had earlier approved the issuance of one additional equity share, increasing the proposed allotment to 46,97,312 shares.   In line with discussions held with the Stock Exchange, the company has decided not to round off fractional entitlements for the proposed preferential allotment. 

Accordingly, shares will be issued to six proposed allottees – Mr. Sachhin Kishorbhai Gajjar, Mrs. Ronak Sachin Gajjar, Kedia Securities Private Limited (owned by Vijay Kedia), Bhavya Jain, Gaurav Singh, and Sagar Hareshkumar Doshi. 

Based on the revised calculations as of 15th December 2025, the total number of equity shares proposed to be issued stands at 46,97,311, marginally adjusted from the earlier figure due to the non-rounding of fractional entitlements.

Financials & More

Sattrix Information reported a marginal growth in revenue from operations, experiencing a year-on-year increase of more than 26 percent, from Rs. 22.2 crores in H1 FY25 to Rs. 28.06 crores in H1 FY26. Likewise, the company’s net profit increased during the same period from Rs. 0.4 crores to Rs. 2 crores, representing an impressive rise of nearly 400 percent YoY.

Sattrix Information Security Limited is engaged in the business of development and delivery of customer-focused cybersecurity solutions, providing end-to-end services to enterprises in India, the USA, the Middle East (UAE), and Malaysia.

The company is primarily involved in helping organisations to protect their data from unauthorised access against unwanted security threats. Its data security solutions aim to eliminate data privacy risks to make business processes secure and run smoothly.

Written by Shivani Singh

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