Softtech Engineers Limited — Others, 11-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

SoftTech Engineers Limited has submitted a Statement of Deviation and Variation for the utilization of funds from its preferential issue. The company raised ₹14.54 crore through the issuance of compulsory convertible debentures and warrants in October 2022, followed by an additional ₹40.01 crore from equity shares issued in December 2024. The Audit Committee has completed its review, confirming no deviations in fund usage. This indicates effective financial management, potentially strengthening investor confidence and reflecting a positive outlook for operational strategies aimed at growth and expansion.