SoftTech Engineers CFO Kamal Agrawal to Step Down in September 2025

1 min read     Updated on 16 Sept 2025, 06:15 PM
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Overview

SoftTech Engineers Limited announced the resignation of CFO Kamal Agrawal, effective September 16, 2025. Agrawal cited personal reasons for his departure. He will relinquish his role as CFO and Key Managerial Personnel, including responsibilities for determining event materiality and making stock exchange disclosures. The company has not yet announced a successor.

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SoftTech Engineers Limited announced a significant change in its top management as Chief Financial Officer (CFO) Kamal Agrawal is set to resign from his position. The company disclosed this information in a regulatory filing to the National Stock Exchange of India and BSE Limited.

Key Details of the Resignation

  • Effective Date: September 16, 2025
  • Reason: Personal reasons
  • Position Vacated: Chief Financial Officer and Key Managerial Personnel

Implications of the Departure

Agrawal's resignation will take effect from the close of business hours on September 16, 2025. Following this, he will no longer serve as the CFO or hold any Key Managerial Personnel responsibilities within the organization. This includes relinquishing his authority for:

  1. Determining the materiality of events
  2. Making disclosures to stock exchanges

Company's Statement

In its filing, SoftTech Engineers stated, "Mr. Kamal Agrawal, Chief Financial Officer and Key Managerial Personnel of the Company, has tendered his resignation from the services of the Company due to certain personal reasons. He has confirmed that there is no other material reason for his resignation other than the above."

Regulatory Compliance

The company's announcement adheres to Regulation 30 and Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. SoftTech Engineers has also submitted the required details as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Looking Ahead

While the news of Agrawal's departure may create short-term uncertainty, it also opens the door for new leadership in SoftTech Engineers' financial department. The company has not yet announced a successor, leaving investors and industry observers curious about the future direction of the firm's financial strategy.

As SoftTech Engineers navigates this transition, stakeholders will be keenly watching for any updates on the appointment of a new CFO and any potential shifts in the company's financial management approach.

Historical Stock Returns for SoftTech Engineers

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-1.87%-4.31%-2.57%+21.18%-1.45%+502.93%
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SoftTech Engineers Reports 12.7% Net Profit Growth in Q1 FY2026

1 min read     Updated on 18 Aug 2025, 12:10 PM
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Shriram ShekharScanX News Team
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Overview

SoftTech Engineers Limited announced Q1 FY2026 results with total income reaching Rs. 26.55 crore, up 5.7% year-on-year. EBITDA grew 8.2% to Rs. 6.29 crore, while net profit increased 12.7% to Rs. 2.93 crore. EPS improved to Rs. 2.91 from Rs. 2.58. The Board approved results on August 14, 2025, which were published in newspapers on August 15, 2025. The company submitted financial results to stock exchanges on August 18, 2025, in compliance with SEBI regulations.

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SoftTech Engineers Limited , a leading software solutions provider for the construction and infrastructure industry, has announced its unaudited financial results for the first quarter of the fiscal year 2026, ending June 30, 2025.

Financial Highlights

  • Total income reached Rs. 26.55 crore, marking a 5.7% year-on-year increase
  • EBITDA grew by 8.2% to Rs. 6.29 crore
  • Net profit rose by 12.7% to Rs. 2.93 crore
  • Earnings per share (EPS) improved to Rs. 2.91 from Rs. 2.58 in the previous year

The company demonstrated growth across all key financial parameters, with profit metrics outpacing revenue growth, indicating improved cost management and operational efficiency.

Board Approval and Publication

The Board of Directors of SoftTech Engineers Limited approved these results on August 14, 2025. In compliance with regulatory requirements, the financial results were subsequently published in the Financial Express and Loksatta newspapers on August 15, 2025.

Regulatory Compliance

As per the LODR (Listing Obligations and Disclosure Requirements) data, SoftTech Engineers Limited has duly submitted the newspaper extracts of the unaudited financial results to the National Stock Exchange of India Limited and BSE Limited on August 18, 2025. This submission is in accordance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company's commitment to transparency and timely disclosure of financial information underscores its adherence to good corporate governance practices.

SoftTech Engineers Limited continues to maintain its growth trajectory, showcasing resilience and adaptability in the dynamic software solutions market for the construction and infrastructure sectors. The company's ability to grow its bottom line faster than its top line suggests effective cost control measures and improved operational efficiencies.

Historical Stock Returns for SoftTech Engineers

1 Day5 Days1 Month6 Months1 Year5 Years
-1.87%-4.31%-2.57%+21.18%-1.45%+502.93%
SoftTech Engineers
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