AXISCADES TECHNOLOGIES LIMITED

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December 14, 2022

The Manager Dppt. Of Corporate Services BSE Limited Phirozee Jeejeebhoy Tower, Dalal Street Mumbai 400 001 BSE Scrip Code: 532395

Listing Department The National Stock Exchange of India Limited Exchange Plaza, 5 Floor, Plot C/1, G Block Bandra – Kurla Complex, Bandra(E), Mumbai 400 051 NSE Symbol: AXISCADES

Dear Sir/Madam,

Sub: Outcome of Board meeting – Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at their meeting held today i.e. December 14, 2022, have approved the terms of raising of fund through issuance and allotment of Unrated Unlisted Secured Non-Convertible Debentures for a value upto Rs.45 crores on private placement basis.

The relevant details pertaining to the above, as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, is enclosed as Annexure.

The Board meeting commenced at 05:30 pm and concluded at 06:00 pm.

Kindly take the above information on record.

Yours faithfully,

For AXISCADES Technologies Limited

SONAL Digitally signed by SONAL KISHORE KISHORE DUDANI DUDANI Date: 2022.12.14 18:03:35 +05'30'

Sonal Dudani Company Secretary & Compliance Officer

(formerly AXISCADES Engineering Technologies Limited) CIN No.: L72200KA1990PLC084435

Reg. Office: Block C, Second Floor, Kirloskar Business Park, Bengaluru -560024, Karnataka, INDIA Ph: +91 80 4193 9000 | Fax: +91 80 4193 9099 | Email: [email protected] | www.axiscades.com

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Annexure

Issuance of Unrated Unlisted Secured Non-Convertible Debentures on private placement basis

1.	Type of securities proposed to be issued(viz.equityshares,convertibles etc.)	Unrated Unlisted Secured Non-Convertible Debentures
2.	Type of Issuance (further public offering, rightsissue, depository receipts (ADR/GDR},qualified institutions placement, preferentialallotment etc.)	Private Placement to eligible investor(s)
3.	Total numbers of securities proposed to issuedor total amount for which the securities will beissued (approximately)	Up to 450 Unrated Unlisted SecuredNon-Convertible Debentures bearing aface value of Rs 10,00,000. /- each,aggregatingupto Rs. 45 Cr
4.	Size of the issue	Not exceedingRs. 45 Crores
5.	Whetherproposed to be listed?	No. Unlisted
6.	Tenure of the instrument - date of allotmentand date of maturity	Date of Allotment will be determinedby the Company subsequently at thetime of signing of definitive documentsDate of Maturity –367 days from theDate of Allotment
7.	Coupon/interest offered, schedule of paymentof coupon/interest and principal	Schedule of payment of interest: 16%p.a. payable monthly:NCDs shall be redeemed in full at theend of the tenor(367 days)
8.	charge/security, if any, created over the assets	(a) First pari-passu charge on all themoveable assets / receivables ofthe Company and its subsidiary(b) First pari-passu on all theintangible assets / intellectualproperty rights of the Companyand its subsidiary(c) Issue of demand promissorynote by the Company(d) such other security as may becreated under the DefinitiveDocuments.