ALPHA TRIBE

Softtech Engineers LimitedOthers, 26-05-2025: Statement of deviation(s) or variation(s) under Reg. 32

26-05-2025 | 05:51 pm

SoftTech Engineers Limited has announced that funds raised through preferential issues in October 2022 (Rs. 33.29 Cr) and December 2024 (Rs. 40.01 Cr) were utilized as planned, mainly for business expansion in domestic and international markets and general corporate purposes. During the quarter, Rs. 4.81 Cr was used from the 2024 issuance. The Audit Committee reviewed the fund utilization, confirming there was no deviation, demonstrating disciplined financial management and transparent use of capital supporting growth initiatives.

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