SoftTech Engineers Limited — Capital/Financing Update 2021

Oct 9, 2021

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Date: 9[th] October, 2021

To,

National Stock Exchange of India Limited

Bandra-Kurla Complex Bandra (East) Mumbai – 400 051

Subject: Intimation of Allotment of Equity Shares pursuant to Preferential issue

Dear Sir/ Madam,

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 on 8[th] October, 2021 have resolved to allot 6,66,666 (Six Lakh Sixty Six Thousand Six Hundred Sixty Six) Equity Shares of the Company of face value of INR 10 each (“Equity Shares”), at INR 150 (Indian Rupees One Hundred and Fifty) per share, including premium, at an aggregate consideration of INR 9,99,99,900 (Indian Rupees Nine Crore Ninety Nine Lakh Ninety Nine Thousand Nine Hundred), for cash, on preferential / private placement basis.

• a. Type of securities proposed to be issued: Equity Shares

• b. Type of issuance : Preferential allotment / Private Placement

• c. Total number of securities proposed to be issued: 6,66,666 (Six Lakh Sixty Six Thousand Six Hundred Sixty Six) Equity Shares of INR 10 each at INR 150 per share, including premium.

• d. The total amount for which the securities will be issued: INR 9,99,99,900 (Indian Rupees Nine Crore Ninety Nine Lakh Ninety Nine Thousand Nine Hundred)

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e. Names of the investors:

1. School Of Design And Entrepreneurship LLP

2. Mr. Dilip Madanlal Bhootra

• f. Number of Investors : 2

• g. Issue Price : INR 150 (Indian Rupees One Hundred and Fifty) per share including premium of INR 140 (Indian Rupees One Hundred and Forty) per share.

• h. Outcome of the subscription: Pursuant to consent received from Shareholders, Inprinciple approval from stock exchange and receipt of consideration from allottees, the Board of Directors resolved to allot 6,66,666 Equity Shares of the Company of face value of INR 10 each, at INR 150 per share, including premium, at an aggregate consideration of INR 9,99,99,900 for cash, on preferential / private placement basis. The Equity Shares allotted shall rank pari passu with the existing Equity Shares of the Company.

Please take the information on records.

Thanking You,

Yours faithfully

For SoftTech Engineers Limited

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Aishwarya Patwardhan Company Secretary

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