Softtech Engineers Limited has informed the Exchange about Awarding of order(s)/contract(s)
SOFTTECH · price
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Softtech Engineers Limited has bagged a contract worth INR 17.16 Crore from Airports Authority of India (AAI), a Government of India Undertaking, for deploying a BIM-based Project Monitoring System (BPMS). The company will use its AI/ML-enabled 'Civit INFRA' product to deliver a single unified enterprise solution for end-to-end construction project management across all AAI-managed airports. The contract duration is five years, including operation and maintenance. The order is domestic in nature and does not fall under related party transactions.
This is a positive development as it adds a prestigious government-backed order to Softtech's order book, providing multi-year revenue visibility. The AAI contract strengthens the company's credibility in the infrastructure and construction-tech space, though the contract size is moderate.