SoftTech Engineers Ltd has announced two major strategic moves aimed at accelerating its global footprint and deepening its product development capabilities. On September 17, 2025, the company confirmed the acquisition of a 100 percent stake in its German subsidiary, SoftTech Digital AG, for a co...
SoftTech Engineers Ltd has announced two major strategic moves aimed at accelerating its global footprint and deepening its product development capabilities. On September 17, 2025, the company confirmed the acquisition of a 100 percent stake in its German subsidiary, SoftTech Digital AG, for a consideration of EUR 1.1 million. In parallel, the board has approved the acquisition of Eximietas Developer, a domestic technology firm specializing in smart infrastructure solutions.
These developments mark a pivotal moment in SoftTech’s evolution from a regional engineering software provider to a globally integrated digital infrastructure company. The twin acquisitions are expected to enhance its access to European markets, strengthen its R&D pipeline, and consolidate its leadership in the architecture, engineering, and construction (AEC) technology space.
Key Highlights From The Acquisition Announcements
- SoftTech Engineers acquires full ownership of SoftTech Digital AG for EUR 1.1 million
- Board approves acquisition of Eximietas Developer to bolster domestic product innovation
- German acquisition aimed at expanding European market presence and operational control
- Eximietas deal expected to enhance smart city and infrastructure automation capabilities
- Leadership transition confirmed with appointment of Deepak Bang as new CFO
- Former CFO Kamal Agrawal steps down citing personal reasons, effective September 16
Strategic Rationale Behind The SoftTech Digital AG Buyout
SoftTech Digital AG, previously a partially held subsidiary, has played a key role in SoftTech’s European outreach, offering localized versions of its flagship products and managing client relationships in Germany and surrounding regions. The decision to acquire the remaining stake reflects SoftTech’s intent to streamline governance, accelerate product localization, and deepen its engagement with European clients.
The EUR 1.1 million transaction will be funded through internal accruals and is expected to be completed by Q4 FY2025–26. Post-acquisition, SoftTech plans to:
- Expand its German team with local engineering and sales talent
- Launch new modules tailored to EU regulatory frameworks
- Integrate SoftTech Digital AG into its global delivery and support network
- Explore partnerships with European urban planning and infrastructure agencies
Eximietas Developer Acquisition: Domestic Innovation Push
The board’s approval to acquire Eximietas Developer signals SoftTech’s renewed focus on domestic product innovation. Eximietas specializes in smart infrastructure platforms, including automated building permit systems, GIS-integrated planning tools, and real-time construction monitoring dashboards.
The acquisition will allow SoftTech to:
- Integrate Eximietas’ IP into its CIVIT and AutoDCR platforms
- Accelerate development of AI-based compliance and urban analytics tools
- Expand offerings for municipal corporations and smart city missions
- Strengthen its position in the government tech procurement ecosystem
The financial terms of the Eximietas deal are expected to be disclosed following due diligence and regulatory approvals.
Leadership Transition And Governance Update
In tandem with the acquisitions, SoftTech Engineers has announced a key leadership change. Deepak Bang has been appointed as Chief Financial Officer, replacing Kamal Agrawal, who resigned for personal reasons. The transition is effective from September 16, 2025, and has been disclosed in compliance with SEBI’s Listing Obligations and Disclosure Requirements.
The company has confirmed that there are no material concerns linked to the resignation and that the transition will not impact ongoing operations or strategic initiatives.
Market Response And Forward Outlook
Investors have responded positively to the announcements, with SoftTech’s stock gaining 2.3 percent intraday and trading volumes surging above the 30-day average. Analysts view the acquisitions as a sign of operational maturity and strategic clarity, particularly in the context of SoftTech’s ambition to become a global AEC technology leader.
Looking ahead, the company plans to:
- Expand its European client base through localized marketing campaigns
- Launch joint R&D initiatives between Indian and German teams
- Pursue additional acquisitions in Southeast Asia and the Middle East
- Enhance shareholder value through improved margins and global revenue mix
Sources: ScanX News MarketScreener