SoftTech Engineers Limited — Capital/Financing Update 2024

Jun 11, 2024

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Date: June 11, 2024

To,

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

Dear Sir/Madam,

Subject: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the ‘Listing Regulations’)

Pursuant to Regulation 30 and Regulation 30A of SEBI (LODR) Regulations, 2015 read with Clause 5A of Para A of Part A of Schedule III of the SEBI Listing Regulations and SEBI circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated July 13, 2023 we hereby like to inform that Mr. Vijay ShantiSwarup Gupta, M/s Udyat Indian Ventures LLP and M/s Covisible Solutions India Private Limited (“hereinafter referred to as “Sellers”) have entered into Share Purchase Agreement on 10.06.2024 with Einstein Work Pte. Limited (“hereinafter referred to as “Purchaser”).

The necessary information as required to be disclosed in this regard in terms of Regulation 30(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13[th] July, 2023 is enclosed herewith as Annexure-A.

The aforesaid information is also being placed on the website of the Company at www.softtechengr.com.

This is for your information and records.

Thanking You, Yours Faithfully, For SoftTech Engineers Limited

Digitally signed by SHALAKA SATISH KHANDELWAL DN: c=IN, st=Maharashtra, SHALAKA 2.5.4.20=0ff52ac746976b289e76b59faf4c2c77a579869546f239207296924c081dfadb, postalCode=411041, street=FLAT NI D 1 902 GANGA BHAGYODAY SINHAGAD ROAD NEAR MANIBAUG PETROL PUMP SATISH PUNE CITY, pseudonym=a3f3c8b1a309141bf53ca4a8e87f6505, serialNumber=c5a400455bb9bb1178c59c80eca2f9d0 KHANDELWAL 73b1d9c24f53ed346dd20b5d646eb970, o=Personal, cn=SHALAKA SATISH KHANDELWAL Date: 2024.06.11 17:02:15 +05'30'

Shalaka Khandelwal Company Secretary

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ANNEXURE-A

Details required under Regulation 30 of SEBI LODR read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023

Sr. No	Particulars	Description
1.	name(s) of parties with whom the agreement is entered	Mr. Vijay ShantiSwarup Gupta, M/s Udyat Indian Ventures LLP and M/s Covisible Solutions India Private Limited (“hereinafter referred to as “Sellers”) has entered into Share Purchase Agreement on 10.06.2024 with Einstein Work Pte. Limited (“hereinafter referred to as “Purchaser”).
2.	purpose of entering into the agreement	The SPA is entered between Purchaser and Sellers under which the Purchaser agrees to Purchase, and sellers agrees to sell 25,00,000 equity shares in total as per the agreement.
3.	shareholding, if any, in the entity with whom the agreement is executed	Not Applicable
4.	significant terms of the agreement (in brief) special rights like right to appoint directors, first right to share subscription in case of issuance of shares, right to restrict any change in capital structure etc.;	There are no special rights as per the agreement.
5.	whether, the said parties are related to promoter/promoter group/ group companies in any manner. If yes, nature of relationship;	No, the Purchaser is not related to promoter/promoter group/group companies of our Company in any manner.
6.	whether the transaction would fall within related party transactions? If yes, whether the same is done at “arm’s length”	No

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7.	in case of issuance of shares to the parties, details of issue price, class of shares issued;	Not applicable
8.	any other disclosures related to such agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arisingout of such agreements,etc	Not Applicable
9.	in case of termination or amendment of agreement, listed entity shall disclose additional details to the stock exchange(s): a) name of parties to the agreement; b) nature of the agreement; c) date of execution of the agreement; d) details of amendment and impact thereof or reasons of termination and impact thereof.	Not Applicable

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