SoftTech Engineers Files Deviation Statement for Q4 FY26
SoftTech Engineers Limited submitted its deviation statement for Q4 FY26. The company utilized ₹25.13 crore for expansion from funds raised in December 2024. Funds from the October 2022 issue saw ₹23.48 crore used for business expansion and ₹8.66 crore for general corporate purposes.
This is a standard disclosure for the utilization of funds from prior preferential issues and does not indicate any new material developments or significant deviations that would impact the company's stock or operations.
The announcement is a routine regulatory filing regarding the utilization of funds from previous issuances and does not contain any new financial performance indicators or strategic decisions that would impact the sentiment.
SoftTech Engineers Limited has submitted the Statement of Deviation and Variation concerning the utilization of proceeds from its preferential issues dated October 05, 2022, and December 23, 2024, for the quarter ended March 31, 2026.
The company raised ₹40,01,39,190 (Rupees Forty Crores One Lakhs Thirty Nine Thousand One Hundred and Ninety only) on December 23, 2024, and ₹33,28,90,000 from a preferential issue on October 05, 2022.
For the quarter ended March 31, 2026, ₹25,13,14,197 was utilized for the business plan, expansion, and growth initiatives from the December 2024 funds. For the October 2022 funds, ₹23,47,54,158 was utilized for the expansion of business in Indian and Overseas markets, and ₹8,66,28,661 for general corporate purposes, totaling ₹32,13,82,819.
The statement was reviewed by the Audit Committee on May 26, 2026, and taken on record by the Board of Directors on the same day.
What to do with a filing like this
Softtech Engineers Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Softtech Engineers Limited. Read the original for the full detail.