Softtech Engineers Limited has informed the Exchange regarding 'Disclosure under Regulation 29(1) and 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 '.
SOFTTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Fedex Finance Private Limited acquired 22,46,998 equity shares (16.23% stake) of SoftTech Engineers Limited through open market purchase on May 7, 2026. Simultaneously, Elimath Advisors Private Limited sold the same quantity of 22,46,998 shares (16.23% stake) through open market sale on the same date. Both entities are non-promoter group members. After the transaction, Fedex Finance holds 16.23% while Elimath Advisors' holding has reduced to 0%. The total share capital remains unchanged at 1,38,42,138 equity shares of Rs. 10 each.
A significant 16.23% block of shares was transferred between two non-promoter entities on the same day, suggesting potential change in influence or strategic positioning by Fedex Finance.