SoftTech Engineers Limited Concludes 30th AGM; Re-appoints Auditors and Independent Director
SoftTech Engineers Limited held its 30th AGM on September 29, 2026. The company re-appointed M/s P G Bhagwat LLP as Statutory Auditors for five years and Dr. Rakesh Kumar Singh as an Independent Director for five years. Financial statements for FY26 were adopted, and directors were re-appointed.
The re-appointment of statutory auditors and an independent director ensures continuity in governance and financial oversight. These are standard procedures but crucial for maintaining investor confidence and operational stability, thus having a medium impact.
The announcement details routine corporate governance events such as the AGM, re-appointment of auditors, and re-appointment of an independent director. While these are important for stability, they do not inherently indicate a positive or negative shift in the company's immediate business prospects.
SoftTech Engineers Limited held its 30th Annual General Meeting (AGM) on Tuesday, September 29, 2026, conducted via Video Conferencing. The meeting commenced at 02:00 P.M. IST.
Key decisions made during the AGM included the re-appointment of M/s P G Bhagwat LLP as Statutory Auditors for a second term of five years, concluding at the 35th AGM in 2031. Additionally, Dr. Rakesh Kumar Singh was re-appointed as an Independent Director for a term of five years, effective from August 12, 2027, to August 11, 2032.
The AGM also saw the adoption of the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026. Mrs. Priti Gupta was re-appointed as a director retiring by rotation, and the remuneration of executive directors, including Mr. Pratik Patel, was approved.
The Chairman, Mr. Vijay Gupta, provided an overview of the company's performance in FY 2025-26 and its future outlook, highlighting the company's transformation and readiness for scaled growth. The meeting concluded at 03:15 P.M. IST, with voting results to be declared within two working days.
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Softtech Engineers Limited filed this with the NSE as a statutory disclosure, categorised under agm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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