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

1 min read     Updated on 25 Sept 2025, 07:34 PM
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Radhika SahaniScanX News Team
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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.

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*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.

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SoftTech Engineers Advances German Entity Acquisition with Initial Fund Transfer

1 min read     Updated on 23 Sept 2025, 07:22 PM
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Reviewed by
Naman SharmaScanX News Team
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Overview

SoftTech Engineers Limited has transferred initial funds to acquire 50,000 no-par value shares of a German entity, each with a nominal value of EUR 1.00. This move follows previous disclosures on May 19, September 17, and September 23 regarding the planned acquisition. The company filed this update with the National Stock Exchange of India Limited and BSE Limited, complying with SEBI regulations. While specific details about the German entity and total acquisition cost remain undisclosed, this step marks SoftTech Engineers' commitment to expanding its presence in the European market.

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

SoftTech Engineers Limited has taken a significant step forward in its international expansion plans by transferring initial funds for the acquisition of a German entity. The company has purchased 50,000 no-par value shares, each with a nominal value of EUR 1.00, as part of this strategic move.

Acquisition Progress

This latest development follows a series of disclosures made by SoftTech Engineers regarding the acquisition:

  • May 19: Initial announcement of the planned acquisition
  • September 17: Update on the acquisition process
  • September 23: Confirmation of initial fund transfer

Official Communication

In a filing to the National Stock Exchange of India Limited and BSE Limited, SoftTech Engineers stated:

"Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we would like to update on the acquisition with reference to our disclosure dated May 19 and September 17, with reference to acquisition of German entity, the initial amount has been transferred for 50,000 no-par value shares, having a nominal value of EUR 1.00 each."

Implications

This move signifies SoftTech Engineers' commitment to expanding its footprint in the European market. The acquisition of a German entity could potentially provide the company with:

  1. Access to new markets and customers
  2. Enhanced technological capabilities
  3. Diversification of its business portfolio
  4. Strengthened presence in the European tech sector

While the specific details of the German entity and the total acquisition cost remain undisclosed, this initial fund transfer marks a concrete step in SoftTech Engineers' international growth strategy.

Investors and market watchers will likely keep a close eye on further developments related to this acquisition, as it could have significant implications for SoftTech Engineers' future performance and market position.

The company has assured compliance with SEBI regulations by promptly disclosing this material development. As the acquisition process unfolds, more details are expected to emerge regarding the strategic fit and potential synergies between SoftTech Engineers and the German entity.

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