SoftTech Engineers Limited has filed disclosures with BSE Limited and the National Stock Exchange of India Limited under Regulation 29 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filings, submitted on May 11, 2026, pertain to a substantial change in shareholding that occurred on May 7, 2026, involving two entities — Fedex Finance Private Limited as the acquirer and Elimath Advisors Private Limited as the seller.

Fedex Finance Acquires Significant Stake

Fedex Finance Private Limited, a non-promoter entity, acquired 22,46,998 equity shares of SoftTech Engineers Limited through an open market purchase on May 7, 2026. Prior to this transaction, Fedex Finance held no shares in the company. The acquisition was disclosed under Regulation 29(1) of the SEBI Takeover Regulations. The equity shares acquired carry a face value of Rs. 10 each.

The key details of Fedex Finance's acquisition are summarised below:

Elimath Advisors Exits Entire Holding

Elimath Advisors Private Limited, owned by Mathew Cyriac, disclosed the disposal of its entire shareholding in SoftTech Engineers Limited under Regulation 29(2) of the SEBI Takeover Regulations. The entity sold 22,46,998 equity shares, representing 16.23% of the total share and voting capital, through an open market sale on May 7, 2026. Following the transaction, Elimath Advisors holds zero shares in the company.

The key details of Elimath Advisors' disposal are summarised below:

Share Capital of SoftTech Engineers Remains Unchanged

The total equity share capital and voting capital of SoftTech Engineers Limited remains unchanged before and after both transactions. The company's share capital structure is as follows:

The disclosures were submitted to the stock exchanges by Vijay Gupta, Managing Director & CEO of SoftTech Engineers Limited, on May 11, 2026. The Regulation 29(1) disclosure on behalf of Fedex Finance Private Limited was signed by Gautham Madhavan, Director, while the Regulation 29(2) disclosure on behalf of Elimath Advisors Private Limited was signed by Matthew Cyriac, Director.

SoftTech Engineers Limited has announced a strategic collaboration with NHEV (National Highway Electric Vehicle Infrastructure) to launch India's first unified, GIS-enabled single-window approval system for EV ecosystem and wayside amenities along national highways. The system, powered by SoftTech's Civit platform, represents a significant advancement in India's electric vehicle infrastructure development.

Platform Overview and Capabilities

The comprehensive digital platform addresses the complete ecosystem of stakeholders involved in highway EV infrastructure development. The system serves three primary stakeholder groups through a unified portal:

The platform consolidates every approval touchpoint into a single portal, replacing fragmented, multi-department processes with automated, standardized, and auditable workflows. A GIS layer enables applicants to validate and select sites using live geospatial highway data before filing documentation.

Technology and Process Innovation

The system streamlines the entire lifecycle of EV infrastructure development on national highways, covering multiple critical phases:

• Applicant registration and GIS site selection
• Compliance review and documentation
• Officer approvals and regulatory oversight
• Allotment and execution management

The platform's real-time dashboard provides complete visibility to every stakeholder including applicants, land providers, reviewing officers, and regulators at every stage of the process. This transparency ensures faster approvals while maintaining regulatory compliance.

Strategic Significance

NHEV serves as the foundational instrument for India's transition to sustainable electric mobility on highways, while SoftTech provides the technology backbone enabling the platform. The collaboration reinforces SoftTech's position as a leading indigenous technology provider supporting digital governance and infrastructure transformation in India.

Commenting on the development, Vijay Gupta, Founder, Chairman and CEO of SoftTech Engineers Limited, stated: "A single-window approval system is not merely a digital approval platform — it is the infrastructure backbone for India's EV highway future. By bringing every stakeholder, every approval, and every site onto one transparent system, we are ensuring that India's clean mobility ambition is built faster, smarter, and sustainably."

Company Background

SoftTech Engineers Limited operates as a technology company focused on developing digital solutions for the Architecture, Engineering, Construction and Operations (AECO), and infrastructure sectors. The company provides enterprise platforms that help government bodies and infrastructure organizations digitize planning, approvals, and project monitoring processes.

These platforms enable greater efficiency, transparency, and real-time oversight in public infrastructure and urban development projects across India.