AXISCADES Technologies Limited has appointed Mr. Giridhar Aramane as a Non-Executive, Independent Director following the successful passage of a special resolution via postal ballot. The resolution secured 99.9977% of the votes polled, with 25,563,409 shares voting in favour and 588 against. The voting process concluded on May 28, 2026, and the resolution was deemed passed on the same day.

The postal ballot was conducted pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the provisions of the Companies Act, 2013. KFin Technologies Limited provided the e-voting services, with the remote e-voting period running from April 29, 2026, to May 28, 2026. The record date for determining eligibility was April 17, 2026.

Voting Breakdown

The scrutinizer's report, submitted by Biswajit Ghosh of BMP & Co. LLP, detailed the voting patterns across different shareholder categories. Promoters and the promoter group cast all their 24,682,047 shares in favour of the resolution. Public institutions and non-institutional shareholders also participated, with the resolution passing comfortably across all segments.

Scrutiny and Compliance

A total of 143 members voted in favour of the resolution, while 11 voted against. Four members chose to abstain, accounting for 181 shares. The electronic data and records relating to the remote e-voting will be held in safe custody by the scrutinizer before being handed over to the company. The results were submitted to the stock exchanges and made available on the company's website.

AXISCADES Technologies Limited's wholly owned subsidiary, AXISCADES Aerospace & Technologies Private Limited, has secured a domestic order worth ₹6.9 crore from the Office of DG (ACE), Ministry of Defence. The contract involves the manufacturing and supply of a Mobile Mast System, representing a significant development and production engagement for the company. The order covers the manufacturing, integration, qualification testing, documentation, and delivery of one Mobile Mast System, which, if successfully completed, would be deployed in prestigious Air Defence systems across the country.

AXISCADES emerged as the winner in a competitive tendering process conducted by the customer, reaffirming the company's engineering, manufacturing, and integration credentials in indigenous defence systems. The selection reflects AXISCADES' ability to integrate multi-disciplinary elements within a single, mission-ready platform, and reinforces the company's positioning as an indigenous engineering and manufacturing partner under the Atmanirbhar Bharat initiative.

Commenting on the order, Mr. D. Murali Krishnan, Chief Operating Officer, AXISCADES Technologies Limited, stated that the selection by DRDO's R&DE (Engineers) through a competitive process reinforces confidence in the company's ability to deliver complex indigenous defence systems that demand precision, reliability, and programme discipline. He added that the win is another step in the company's long-term strategy of building a stronger, India-led aerospace and defence manufacturing platform.

Key Details of the Order

The following table outlines the key parameters of the contract secured from the Office of DG (ACE), Ministry of Defence:

The disclosure was made to the exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order does not fall within related party transactions and that the promoter group has no interest in the entity awarding the contract.