AXISCADES Technologies Limited announced that its subsidiary, Mistral Solutions Private Limited, has secured a significant international contract worth approximately $1 million for audio product testing services. The disclosure was made on January 23, 2026, in compliance with SEBI listing regulations.

Contract Details

The multi-year development contract involves testing of audio products at the newly established Acoustic Lab in the Aeroland facility. The contract has been awarded by an international hyperscaler customer, marking a significant milestone for the subsidiary's operations.

Service Scope and Facility

Mistral Solutions Private Limited will provide comprehensive testing services for audio products using its newly established Acoustic Lab infrastructure. The Aeroland facility represents the company's investment in specialized testing capabilities to serve international clients in the audio technology sector.

Regulatory Compliance

The contract disclosure confirms that:

• The promoter group has no interest in the entity awarding the contract
• The transaction does not fall within related party transactions
• The contract meets arm's length transaction criteria

Corporate Structure

AXISCADES Technologies Limited, formerly AXISCADDES Engineering Technologies Limited, operates through various subsidiaries including Mistral Solutions Private Limited. The parent company is listed on both BSE (Scrip Code: 532395) and NSE (Symbol: AXISCADDES), ensuring comprehensive regulatory compliance and transparency in business operations.

This contract award demonstrates the subsidiary's capability to secure substantial international business in specialized technology testing services, particularly in the growing audio products market segment.

AXISCADES Technologies Limited has announced that it has received an ESG (Environmental, Social, and Governance) score of 70/100 from SES ESG Research Pvt Ltd., a SEBI-registered ESG Rating Provider under Category II. The rating places the company in the medium category for ESG performance.

ESG Rating Details

The ESG assessment was conducted independently by SES ESG Research without any engagement or request from AXISCADES Technologies. The rating agency prepared the evaluation based solely on the company's disclosures for FY 2024-25 and other publicly available data.

Regulatory Compliance

The disclosure has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. This regulation requires listed companies to disclose material events and information that could impact investor decisions.

Company Response

AXISCADES Technologies has emphasized that it did not engage SES ESG Research for this rating assessment. The company clarified that SES ESG independently prepared and voluntarily issued the report based on publicly available information. The ESG rating communication was received by the company on January 19, 2026.

Transparency and Disclosure

In line with transparency requirements, AXISCADES Technologies has made the ESG rating information available on its official website at www.axiscades.com . The company has also formally notified both BSE Limited and National Stock Exchange of India Limited about this development through proper regulatory channels.

The disclosure demonstrates the company's commitment to maintaining transparency with stakeholders regarding ESG-related developments, even when such assessments are conducted independently by external rating agencies without company involvement.