SoftTech Engineers Limited — Regulatory Filings 2025

Feb 11, 2025

Date: February 11, 2025

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: Submission of Statement of Deviation and Variation for the quarter ended as on December 31, 2024

Dear Sir/ Madam,

Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Statement of Deviation and Variation in respect of the utilization of the proceeds from preferential issue dated 5 th October, 2022 and 23rd December, 2024 for the Quarter ended December 31, 2024.

The aforesaid statement has been reviewed by the Audit Committee and taken on record by the Board at their respective meetings held on Tuesday, February 11, 2025.

Kindly take the same on your records.

FOR SOFTTECH ENGINEERS LIMITED

SHALAKA SATISH KHANDELWAL

Digitally signed by SHALAKA SATISH KHANDELWAL DN: c=IN, st=Maharashtra, 2.5.4.20=0ff52ac746976b289e76b59faf4c2c77a579869546f239 207296924c081dfadb, postalCode=411041, street=FLAT NI D 1 902 GANGA BHAGYODAY SINHAGAD ROAD NEAR MANIBAUG PETROL PUMP PUNE CITY, pseudonym=a3f3c8b1a309141bf53ca4a8e87f6505, serialNumber=c5a400455bb9bb1178c59c80eca2f9d073b1d9c 24f53ed346dd20b5d646eb970, o=Personal, cn=SHALAKA SATISH KHANDELWAL Date: 2025.02.11 17:50:32 +05'30'

SHALAKA KHANDELWAL COMPANY SECRETARY

Name of listed entitv	SoftTech Engineers Limited
Mode of Fund Raising	Preferential lssue/Private Placement
Date of Raising Funds	5th October,2022
Amount Raised*	*Rs. 14,53,90,000
Report filed for Quarter ended	December 31,2024
Monitoring Agency	NA
Monitoring Agency Name, if applicable	NA
Is there a-Deviation / Variation in use of funds raised	No
If yes, whether the same is pursuant to change in
terms of a contract or objects, which was	NA
approved by the shareholders
If Yes, Date of shareholder Approval	NA
Explanation for the Deviation / Variation	NA
Comments of the Audit Committee after review	Noted
Comments of the auditors, if any	NA
If yes, whether the same is pursuant to ctrarrge in
terms of a contract or objects, which was	NA
approved by the shareholders
If Yeso Date of shareholder Approval	NA
Explanation for the Deviation I Vr.iatlon	NA

statement of Deviation / variation in utilization of funds raised

Note:

*The Company on 5th October,2022, allotted 6,63,120 (Six Lakhs Sixty Three Thousand One Hundred Twenty) CCDs at a conversion price of Rs. l25l- per Equity Share (including premium of Rs' 115/- per share), upon receipt of consideration of Rs. 8,28,90,000/- (Eight Crores Twenty Eight Lakhs Ninety Thousand Only) on preferential basis.

r1\$e1lhe Company on 5th October, 2}22,allotted 20,00,000 (Twenty Lakhs) Warrants at aprice of Rs' l25l- per Equity Share (including premium of Rs. itsl- p.. share), upon receipt of upfront amount of 25o/o of wanant issue price (ii 6,25,00,000/-) on preferential basis.

Considering the above case total amount of Rs. 14,53,90,000 was raised/received on 05.10.2022

Further on bg.oo.zo23 company.r.gceived additional 25o/o of warrant issue price i.e 6,25,0a,0001-

SoftTech Engineers Limited

CMMi/3,1S0 9001t2A15

Cl N: 1301 07 PN 1 996P1C0167 18 Registered Office:SoftTech Towers,l Baner Rd,0pp, Royal Enfield Showroom, Baner, Pune, Maharashtra 411045 Q +91 2A67183711 @enquiries@softtech-engr.corn @ www.softtech-engr"com

Further on28.09.2023 company received balance amount i.e 12,50,00,000/-

Total amount received/ raised as on quarter ended Sept 2023 amounts to ( Rs. 14,53,90,000 +6,25,00,000 +12,50,00,000 : Rs. 33,2g,90,000)

Objects for which funds have been raised and where there has been a deviation, in the following table

Original Object	Modified Object, if any	Original Allocation	Modified allocation, if any	Funds Utilized (Rs.)	Amount of Deviation/V ariation for the quarter according to applicable	Remarks if any
To support the expansion of business in Ltr(\as.qrr( Overseas Market				21,97,54,159
General corporate purposes				8,66,29,661

For SoftTech Engineers Limited

W

Vijay Gupta Managing Director

,v€bq*o4

Kamal Agrawal Chief Financial officer

Name of listed entity	SoftTech Ensineers Limited
Mode of Fund Raisins	Preferential lssue/Private Placement
Date of Raising Funds	23'd December,2024
Amount Raised*	Rs. 40,01,39,190 (Rupees Forty Crores One Lakhs Thirty Nine Thousand One Hundred and
	Ninetv onlv)
Report filed for Quarter ended	December 31.2024
Monitoring Agency	NA
Monitoring Agency Name, if appticable	NA
Is there a Deviation / Variation in use of funds raised	No
If yes, whether the same is pursuant to change in terms
of a contract or objects, which was approved by the	NA
shareholders
If Yes, Date of shareholder Approval	NA
Explanation for the Deviation / Variation	NA
Comments of the Audit Committee after review	Noted
Comments of the auditors, if any	NA
If yes, whether the same is pursuant to change in terms
of a contract or objects, which was approved by the	NA
shareholders
If Yes, Date of shareholder Approval	NA
Explanation for the Deviation / Variation	NA

Statement of Deviation / Variation in utilization of funds raised

Note:

The Board of Directors of the Company on 23'd December,2024, allotted 9,87,998 (Nine Lakhs Eighty-Seven Thousand Nine Hundred Ninety-Eight) Equity Shares of the Company of face value of NR l0 (lndian Rupees Ten only) each, at INR 405 (Indian Rupees Four Hundred and Five only) per share, including premium, at an aggregate consideration of INR 40,01,39,190 (Indian Rupees Forty Crores One Lakhs Thirry Nine Thousand One Hundred and Ninety only), for cash, on preferential I private placement basis to the Non-Promoter allottee, the details of which is as under, be and are hereby allotted;

		WY,&.# {fi r/: ":,;; Mo.,. " - l frCIfiist€r)	#.q,difll}lffi 'w'ffi tu;rlill H flill tdI l	ffi r*tfi ,SSi\$ ::.::i-:: l\$ffii1 ,	Preffiiifu a6 , 'per e#rfu- ""d, =l ---ffiiffirry, ii; l,iLN,ll,.lli i\::::,s:t!lt!,:l
I	Einstein Work Pte. Ltd.	Non Promoter	7,41,000	10	395	30,01,05,000

SoftTech Engineers Limited

CMMi/3,150 9001:2015 CIN: 1301 07PN1 996P1C01 671 B Registered Office:SoftTech Towers,l Baner Rd,0pp. Royal Enfieid Showroom, Baner, Pune, Maharashtra 411045 Q +91 2A67ffi3711 @enquiries@softtech-engr,com @ www.softtech-engr"com

	Florintree	Non		10	39s	10,00,34,190
2.	Technologies LLP	Promoter	2,46,999
			9,87,999			40,01,39,190

Objects for which funds have treen raised and where there has been a deviation, in the following table

Original Object	Modified Object, if any	Original Allocation	Modified allocation if any ,	Funds Utilized (Rs.)	Amount of Deviation/Var iation for the quarter according to applicable obiect	Remarks if any
To Financ'e.its business plan, expansion and growth initiatives.	NA	40,01,39,190	NA	Nil
Total				NIL

For SoftTech Engineers Limited

W

i,:'

Vijay Gupta Managing Director

vY"a

Kamal Agrawal Chief Financial officer