Softtech Engineers Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The Board of Directors of SoftTech Engineers Limited has approved the unaudited standalone and consolidated financial results for the quarter and half-year. Key highlights include consolidated revenue from operations of ₹2,341.84 crore and a profit after tax of ₹287.48 crore for the half-year ended September 30, 2024. Additionally, the board approved a preferential issue of equity shares, aiming to raise up to ₹40 crore by issuing nearly 9.88 lakh shares at ₹405 each, pending shareholder approval. This fundraising initiative could strengthen the company's capital base for future growth opportunities.