S A Tech Software India Limited — Others, 05-02-2025: Shareholders meeting

S A Tech Software India Limited has announced a board meeting to be held on 28th February 2025 via video conference. The agenda includes seeking shareholder approval for the sale of two immovable properties: a residential flat in Lower Parel, Mumbai, at an estimated ₹5 crore and an office space in Pune for around ₹2.2 crore. This move is part of the company's strategy to expand operations in Pune and invest in larger spaces, with plans to acquire additional property valued up to ₹15 crore. Additionally, shareholders will vote on increasing the authorized share capital from ₹14 crore to ₹15 crore, aimed at supporting ongoing growth. This announcement reflects a proactive approach to enhancing operational capacity, potentially generating positive investor sentiment around future performance and expansion.