SoftTech Engineers transfers funds for German entity acquisition

SoftTech Engineers Limited has provided an update on the acquisition of a German entity, following previous disclosures.

The company has confirmed the initial transfer of funds for 50,000 no-par value shares related to this acquisition. Each of these shares holds a nominal value of €1.00. The announcement was made by company secretary Shalaka Khandelwal.

This development marks a key step in SoftTech Engineers' strategic expansion, as the company continues to integrate the newly acquired German entity into its operations.