Softtech Engineers Limited has informed the Exchange regarding a press release dated Jun 01, 2026, titled "SoftTech Engineers Limited launched CivitTWIN India's first AI powered digital approval TWIN".
SOFTTECH · price
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Softtech Engineers Limited announced the launch of CivitTWIN, which it claims is India's first AI-powered digital approval TWIN. The product appears to be aimed at streamlining building/construction or infrastructure approval workflows using artificial intelligence. The company shared this news through a press release dated June 1, 2026. No specific financial figures, revenue targets, or client wins were disclosed in this announcement. This is essentially a new product introduction rather than a concrete commercial milestone.
Positively positions Softtech as an innovator in the AI-driven approval technology space, but without disclosed revenue potential or customer commitments, the near-term stock impact is likely limited to sentiment-driven trading.