SOFTTECHNSESofttech Engineers LimitedLowNeutral
Announced Mon, 11 May · 21:43 IST

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 '.

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

SOFTTECH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹447.50
prior close
₹450.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.4+4.3+4.3+1.2-2.3-4.1-8.3-8.0-6.4-10.2+1.9-8.5-7.7
Up moveDown movePending
AI summary

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.

Likely market impact

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.