SoftTech Engineers Limited — Capital/Financing Update 2023

Apr 19, 2023

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Date: 19[th] April, 2023

To,

National Stock Exchange of India Limited BSE Limited “Exchange Plaza”, C-1, Block – G Floor 25, Phiroze Jeejeebhoy Towers Bandra – Kurla Complex Dalal Street, Bandra (East), Mumbai – 400051 Mumbai – 400001 Symbol: SOFTTECH Scrip Code: 543470

– Subject: Press Release Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/ Madam,

Please find enclosed the press release titled “SoftTech has secured a substantial deal to deliver technology service and drive digitalization for YIT in partnership with Tech Mahindra.”

Kindly take this on record.

Thanking you,

For SoftTech Engineers Limited

AKANCHA Digitally signed by AKANCHA BHADANI BHADANI Date: 2023.04.19 17:20:51 +05'30'

Akancha Bhadani Compliance Officer

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SoftTech has secured a substantial deal to deliver technology service and drive digitalization for YIT in partnership with Tech Mahindra

World: SoftTech Engineers Limited, a leading provider of cutting-edge technology products and solutions for the construction and civil infrastructure sector, is delighted to announce its recent project win in collaboration with Tech Mahindra, a prominent provider of digital transformation, consulting, and business re-engineering services and solutions.

Listed in Nasdaq, Helsinki, Finland, YIT is 110 years matured European conglomerate (Current Revenue Euro 2.4 Billion, 5000 employees operating in 9 European countries ) creating enhanced living environments with functional homes for sustainable living, future-proof public and commercial buildings, and infrastructure for a smoother flow of people, businesses and society.

Tech Mahindra has spearheaded and lead this substantial deal with YIT, the largest Finnish and significant North European development and construction company leveraging SoftTech’s deep experience in digitalization in construction Industry. Equipped with 25+ years of extensive experience in driving digital transformation in the AEC industry, SoftTech will be providing extensive support to Tech Mahindra on various domain-specific services and products. This collaboration marks a significant milestone for both organizations and showcases their solid commitment to driving innovation in the construction industry.

Commenting on the collaboration, Mr. Vijay Gupta, CEO and Founder at SoftTech said, "We are thrilled to have secured this momentous project win and our team at SoftTech is excited to leverage our industry proficiency to support the client's business transformation journey. With our cutting-edge technologies and domain-specific solutions, we are confident in delivering exceptional value and efficiency to the project. This win underscores our commitment to providing top-notch advancements to the construction industry and reinforces our position as a trusted partner for digital transformation in the AEC sector".

About SoftTech:

SoftTech offers innovative products and services to help drive digital solutions in the infrastructure and construction industry. Founded in 1996, SoftTech, a publicly listed entity in NSE and BSE, is equipped with 25+ years of industry expertise. SoftTech has empowered digital transformation in the construction and infrastructure industry through innovative software products. Leveraging the power of Artificial Intelligence (AI) with robust frameworks. SoftTech’s solutions are designed to drive higher productivity, increased efficiency, and substantial cost savings and help clients achieve their sustainability goals. SoftTech is powered by over 500 professionals including technologists, AEC specialists, and subject matter experts who drive our innovations and deliver value to customers. With a presence across India, US, UK, Singapore, and MENA, SoftTech has deeply engaged with clients to help them sustain and enhance their competitive edge by fundamentally transforming the status quo. More than 600 organizations and over 100,000 users are supported by SoftTech. More than 1 million building permits have been approved through SoftTech solutions covering more than 1 billion+ sq ft area. With ‘CIVIT’ as a platform, SoftTech has combined decades of deep domain understanding and solutioning to offer a suite of products that cater to the complete construction project life-cycle – starting from plan to permit to build and then operate.