SOFTTECHNSESofttech Engineers LimitedMediumNeutral
Announced Tue, 26 May · 19:54 IST

Softtech Engineers Limited has informed the Exchange about Re-appointment of statutory auditors for next term of 5 years and recommendation of same to members of the Company

Management Changes View source PDF

SOFTTECH · price

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Price reaction · full curve 14 horizons · vs prior close
+6.7%1-day move
₹430.50
prior close
₹448.00
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After-mkt
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AI summary

Softtech Engineers Limited's Board Meeting on May 26, 2026 approved audited financial results for Q4 and FY ended March 31, 2026. Standalone revenue grew 37% YoY to Rs 12,830 lakhs with profit after tax of Rs 957.49 lakhs (up 131% YoY). Consolidated revenue stood at Rs 13,200 lakhs with PAT of Rs 532.69 lakhs. The Board recommended re-appointment of P G Bhagwat LLP as Statutory Auditors for a fresh 5-year term from the 30th AGM (2026) to the 35th AGM (2031), subject to shareholder approval. Additionally, Ms. Aadishri Apte was appointed as Company Secretary, Compliance Officer, and Nodal Officer, and Sharp & Tannan Associates was appointed as Internal Auditors for FY 2026-27. The statutory auditors issued an unmodified opinion on the financial statements.

Likely market impact

Positive signal — auditors P G Bhagwat LLP continued for another 5-year term with clean (unmodified) opinion indicates stable financial reporting. Strong revenue and profit growth in FY2026 is constructive for investors.