AXISCADES Technologies Limited — Important, 30-01-2025: General Updates

The resignation of Mr. Rajendra Moholkar from the Directorship of AXISCADES Technologies Limited has led to a reconstitution of several Board Committees. Lt Gen Codanda Poovaiah Cariappa has been appointed as Chairman of both the Audit Committee and the Stakeholders Relationship Committee. Mr. Tanmoy Chakrabarty and Mr. Venkataraman Venkitachalam join the Audit Committee, while Mr. Venkataraman Venkitachalam, along with Mr. David Abikzir, serves on the Stakeholders Relationship Committee. The Risk Management Committee now has Ms. Mariam Mathew as Chairperson, with Mr. Venkataraman Venkitachalam and Mr. Shashidhar SK as members. These changes reflect the company's ongoing commitment to governance and oversight following the recent board transition. Investors should monitor this strategic shift closely, as it may impact the company’s operational direction and risk management approach.