Softtech Engineers Files Statement of Deviation for Q3 FY26
Softtech Engineers Limited submitted its Statement of Deviation and Variation for funds raised via preferential issues on Oct 5, 2022 (₹33.29 Cr) and Dec 23, 2024 (₹40.01 Cr). The report covers the quarter ended Dec 31, 2025. No deviations were reported in fund utilization for business expansion, general corporate purposes, or growth initiatives.
This is a standard compliance filing and does not introduce new material information that would significantly impact the company's stock or operations.
The announcement is a routine regulatory filing confirming no deviation in the utilization of funds raised. It does not contain any positive or negative financial performance indicators or business updates.
Softtech Engineers Limited has submitted its Statement of Deviation and Variation concerning the utilization of funds from preferential issues dated October 5, 2022, and December 23, 2024. The report covers the quarter that ended on December 31, 2025.
The company raised ₹33,28,90,000 through the preferential issue on October 5, 2022, primarily for supporting business expansion in Indian and overseas markets, and for general corporate purposes. For this quarter, ₹23,47,54,158 was utilized for market expansion and ₹8,66,28,661 for general corporate purposes, with no deviation reported.
Additionally, the company raised ₹40,01,39,190 (Rupees Forty Crores One Lakhs Thirty Nine Thousand One Hundred and Ninety only) on December 23, 2024, to finance its business plan, expansion, and growth initiatives. For the quarter ended December 31, 2025, ₹25,13,14,197 was utilized towards these objectives, with no deviation reported.
Both the Audit Committee and the Board of Directors reviewed and took on record these statements on February 12, 2026. The company has confirmed that there are no deviations or variations in the utilization of funds raised from these preferential issues.
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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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