SoftTech Engineers to Acquire Eximietas Developer, Eyeing Strategic Expansion

1 min read     Updated on 30 Sept 2025, 08:18 PM
scanx
Reviewed by
Shriram ShekharScanX News Team
whatsapptwittershare
Overview

SoftTech Engineers Limited has approved the acquisition of Eximietas Developer Private Limited (EDPL), a property development firm. The deal, set to complete by December 2025, will give SoftTech 100% ownership of EDPL. This acquisition provides SoftTech access to prime lease rights in Hinjewadi Phase III, enabling the establishment of a Corporate Business Excellence Centre. EDPL, incorporated in August 2024, focuses on national and international property development but reported nil turnover for the year ended March 31, 2025.

20789299

*this image is generated using AI for illustrative purposes only.

SoftTech Engineers Limited, a prominent player in the engineering and technology sector, has made a significant move to expand its footprint in the real estate development arena. The company's Board of Directors has approved the acquisition of Eximietas Developer Private Limited (EDPL), a firm specializing in property development activities both nationally and internationally.

Strategic Acquisition Details

The acquisition, approved on September 17, 2025, was formalized with the execution of an agreement on September 30, 2025. This strategic move is set to bolster SoftTech Engineers' capabilities in the property development sector and open up new avenues for growth.

Key Highlights of the Acquisition

  • Complete Ownership: SoftTech Engineers will acquire 100% stake in EDPL, making it a wholly-owned subsidiary.
  • Strategic Location: EDPL has secured lease rights for a prime location in Hinjewadi Phase III, offering SoftTech Engineers access to a well-connected and future-ready site.
  • Corporate Business Excellence Centre: The acquisition will enable SoftTech to establish a Corporate Business Excellence Centre, aligning with its long-term growth strategy.
  • Completion Timeline: The acquisition is expected to be completed by the end of December 2025.

About Eximietas Developer Private Limited

Detail Information
Incorporation August 14, 2024
CIN U43900MH2024PTC430739
Business Focus Property development at national and international levels
Financial Status Nil turnover for the year ended March 31, 2025

Implications for SoftTech Engineers

This acquisition marks a significant step for SoftTech Engineers in diversifying its business interests and expanding its presence in the real estate development sector. The move is expected to leverage EDPL's strategic lease rights and SoftTech's technological expertise to create synergies in property development.

Shalaka Khandelwal, Company Secretary and Compliance Officer of SoftTech Engineers Limited, confirmed that the acquisition does not fall under related party transactions and does not require any governmental or regulatory approvals.

As SoftTech Engineers embarks on this new venture, stakeholders will be keenly watching how this strategic acquisition unfolds and contributes to the company's growth trajectory in the coming years.

Historical Stock Returns for SoftTech Engineers

1 Day5 Days1 Month6 Months1 Year5 Years
+1.97%+4.69%-2.01%+4.29%+10.34%+488.32%
SoftTech Engineers
View in Depthredirect
like19
dislike

SoftTech Engineers Secures INR 17.16 Crore Contract from Airports Authority of India

1 min read     Updated on 25 Sept 2025, 07:34 PM
scanx
Reviewed by
Radhika SahaniScanX News Team
whatsapptwittershare
Overview

SoftTech Engineers Limited has won a contract worth ₹17.16 crore from the Airports Authority of India (AAI) to implement a BIM-based Project Monitoring System. The project involves deploying SoftTech's AI and ML-enabled 'Civit INFRA' product, integrated with BIM software, to enhance AAI's project management capabilities. The system will streamline processes including planning, budgeting, cost estimation, and project monitoring, offering both web and mobile interfaces.

20354660

*this image is generated using AI for illustrative purposes only.

SoftTech Engineers Limited, a leading technology solutions provider for the construction and infrastructure industry, has clinched a significant contract from the Airports Authority of India (AAI) for implementing a BIM-based Project Monitoring System (BPMS). The contract, valued at INR 17.16 crore, marks a notable achievement for the company in the aviation infrastructure sector.

Contract Details

The project involves deploying SoftTech Engineers' proprietary Artificial Intelligence (AI) and Machine Learning (ML) enabled product, 'Civit INFRA'. This cutting-edge software will be integrated with commercially available Building Information Modeling (BIM) software to create a unified enterprise solution for AAI.

Scope of the Project

The 'Civit INFRA' system is set to revolutionize AAI's project management capabilities by streamlining various critical processes:

  • Planning and budgeting
  • Cost estimation
  • Contract management
  • Work execution and monitoring
  • Communication
  • Documentation and reporting

The system will offer both web and mobile interfaces, ensuring accessibility and ease of use for AAI personnel.

Technology at the Forefront

The implementation of AI and ML technologies in 'Civit INFRA' underscores SoftTech Engineers' commitment to innovation in the construction technology space. This advanced system is expected to significantly enhance efficiency and transparency in AAI's infrastructure projects.

Company Statement

In a press release, SoftTech Engineers Limited expressed their enthusiasm about the project, stating, "We are pleased to inform that SoftTech Engineers Limited has bagged a prestigious project from Airports Authority of India (AAI) for BIM based Project Monitoring System (BPMS) software application."

Market Impact

This contract win is likely to bolster SoftTech Engineers' position in the infrastructure technology market. It demonstrates the company's capability to secure high-value projects from major government entities, potentially opening doors for similar opportunities in the future.

Upcoming Financial Results

Investors and stakeholders should note that SoftTech Engineers Limited has announced the closure of its trading window from October 1, 2025, until 48 hours after the declaration of the unaudited financial results for the quarter ending September 30, 2025. This standard procedure ensures compliance with SEBI regulations and prevents insider trading.

The successful procurement of this significant contract from AAI showcases SoftTech Engineers Limited's growing influence in the infrastructure technology sector. As the company prepares to implement its advanced 'Civit INFRA' solution for AAI, industry observers will be keen to see the impact of this project on both the company's performance and the efficiency of airport infrastructure development in India.

Historical Stock Returns for SoftTech Engineers

1 Day5 Days1 Month6 Months1 Year5 Years
+1.97%+4.69%-2.01%+4.29%+10.34%+488.32%
SoftTech Engineers
View in Depthredirect
like19
dislike
More News on SoftTech Engineers
Explore Other Articles
382.70
+7.40
(+1.97%)