AXISCADES TECHNOLOGIES LIMITED

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March 16, 2026

The Manager Listing Department Dppt. Of Corporate Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5 Floor, Plot C/1, G Block Phirozee Jeejeebhoy Tower, Dalal Street Bandra – Kurla Complex, Bandra(E), Mumbai 400 001 Mumbai 400 051 BSE Scrip Code: 532395 NSE Symbol: AXISCADES

Dear Sir,

Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure – Requirements) Regulations, 2015 Acquisition

Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we, AXISCADES Technologies Limited (" Company "), wish to inform that the Board of Directors in its meeting held today i.e., March 16, 2026, has approved the acquisition of the balance 24% stake, comprising 1,50,000 equity shares, in Cades Studec Technologies India Private Limited (“ CSTI ”) from STUDEC SAS France and execution of definitive agreements in this regard. Upon completion of the said acquisition in accordance with terms of the proposed agreement, CSTI will become a wholly owned subsidiary of the Company, owning 100% of the share capital of the Company.

The relevant details pertaining to the above, as required under Regulation 30 of the Listing Regulations, read along with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, is enclosed as “Annexure-I.”

The meeting of Board of Directors commenced at 05:45 PM (IST) and concluded at 06:05 PM (IST).

Kindly take the above information on record.

Yours truly,

For AXISCADES Technologies Limited

Sonal Digitally signed by Sonal Dudani Dudani Date: 2026.03.16 19:48:54 +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

Annexure-I

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		Annexure-I
Sl. No.	Particulars	Details
1	Name of the target entity, details in brief such as size, turnover etc.	Name: Cades Studec Technologies India Private Limited (“CSTI”) Authorized capital:Rs. 62,50,000/- Paid-up capital:Rs. 62,50,000/- Turnover FY24-25: Rs. 19,84,91,166.54/- Net worth FY24-25: Rs. 28,07,11,801/-
2	Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”.	Cades Studec Technologies India Private Limited is a “Related Party” of the Company as per the provisions of the Companies Act, 2013, being a Subsidiary of the Company. Mr. Shashidhar SK, Group CFO (Key Managerial Personnel) of the Company, is a Director in CSTI. Mr. Shashidhar SK, Group CFO (KMP) and Ms. Sonal Dudani, Company Secretary & Compliance Officer (KMP) of the Company hold 100 shares each in CSTI as nominee shareholders of the Company. Except as disclosed above, none of the Promoters or Directors or KMP of the Company are interested, financially or otherwise, in CSTI.
3	Industry to which the entity being acquired belongs	Architecture and engineering activities; technical testing and analysis
4	Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity)	The Company intends to acquire balance 24% of share capital of the Company and make it a wholly owned subsidiary, considering the business potential of the Company, in the area of Technical Publications.