AXISCADES Technologies Limited — Important, 07-01-2025: General Updates

Mr. Mujahid Alam, CEO & Whole Time Director, and Mr. Rajeev Ramachandra, Whole Time Director of Mistral Solutions Private Limited, a material subsidiary of AXISCADES Technologies, have ceased to be Directors and Key Managerial Personnel with immediate effect. This leadership transition may impact the subsidiary's operational strategy and could signal a shift in governance at the group level. Investors should watch closely to assess the potential effects on subsidiary performance and overall company outlook, as changes in key management often influence business directions and investor sentiment.