SoftTech Engineers Limited — Board/Management Information 2020

Sep 1, 2020

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To,

National Stock Exchange of India Limited

Bandra-Kurla Complex

Bandra (East) Mumbai – 400 051

1[st] September, 2020

Scrip Code: SOFTTECH

SUBJET: Outcome of Board Meeting held on 1[st] September, 2020 as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015

Pursuant to regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Board of Directors of the Company at its meeting held 1[st] September, 2020 which commenced at 2.00 PM and concluded at 3.00 PM have considered and approved the following:

1. The Board of Directors decided to convene the Annual General Meeting of the Company for the financial Year ended 31[st] March 2020 on Monday, 28[th] September, 2020, at 2:30 P.M through video conferencing (‘VC’) / other audio visual means (‘OAVM’)

2. Pursuant to the provisions of Section 91 of the Companies Act, 2013 read with Rule 10 of the Companies (Management and Administration Rules), 2014 and in terms of the Regulation 42 of the SEBI Regulations, the Register of Members and Share Transfer Books of the Company shall remain closed from Tuesday 22[nd] September, 2020 till Monday 28[th] September, 2020 (both days inclusive) for the purpose of Annual General Meeting to be held on 28[th] September, 2020.

Further the Company has fixed Monday, 21[st] September, 2020 as the record date for determining the members entitled to vote at the ensuing 24[th] Annual General Meeting.

1. The Board of Directors considered and approved change in designation of Mr. Pratik Patel from Additional Director to Whole Time Director of the Company designated as Assistant Vice President (Business Development) with immediate effect. Reason for change: Change in designation

Date of appointment: 1[st] September, 2020

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Term of appointment: 5 years

Disclosure of relationships between directors: None of the Directors are related to Mr. Pratik Patel

Brief profile:

Mr. Pratik Patel holds bachelor’s degree in science stream (BSc. IT) and Master degree in Business Administration (MBA) from Edinburgh Napier University, Edinburgh (UK). He has over 10 years of experience of handling various managerial assignments in the areas of Operations for Software Development Company and Real Estate Business/ Constructions.

1. The Board of Directors considered and approved appointment of Mr. Murray Freeman as a Nominee Director of RIB ITWO Software Private Limited with effect from the date of approval of Director Identification Number (DIN).

Reason for change: Appointment

Date of appointment: with effect from the date of approval of his Director Identification Number (DIN)

Term of appointment: RIB ITWO Software Private Limited shall have right to appoint, remove or replace Nominee Director till the last repayment date of the Facility amount Disclosure of relationships between directors: None of the Directors are related to Mr. Murray Freeman

Brief profile:

Mr. Murray was one of the founding directors of RIB Software International (formerly known as Exactal Group) and joined in a full time role in 2012. He is working as a CEO of RIB Asia Pacific. He has over 25 years’ experience in business in various management roles in technology, finance and operations. He excels in business strategy, tight fiscal control, restructuring, process improvement and international operations management.

He holds a Bachelor of Applied Science (Computing) from Queensland University of Technology, Bachelor of Business in Accounting and an MBA from University of Southern Queensland. He is a Fellow of the Hong Kong Institute of Directors, a Member of the Australian Institute of Company Directors and also a CPA of CPA Australia.

Kindly take the same on record.

For SoftTech Engineers Limited

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AISHWARYA PATWARDHAN

COMPANY SECRETARY