Softtech Engineers Limited — Others, 14-08-2025: Statement of deviation(s) or variation(s) under Reg. 32
14-08-2025 | 01:36 pm
14-08-2025 | 01:36 pm
SoftTech Engineers has submitted an update on how it's using funds from two past preferential share issues. For the October 2022 issue, where Rs. 32.13 Cr was raised, funds were allocated for business in India/Overseas and general corporate purposes, with no reported deviation. For the December 2024 issue, Rs. 40.01 Cr was raised to finance business expansion and growth initiatives, and Rs. 3.76 Cr has been utilized, also with no reported deviation. This quarterly compliance statement, reviewed by the Audit Committee, was taken on record by the Board, assuring investors about transparent fund utilization.
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