Octaware Technologies Limited, a prominent player in the technology sector, has announced a significant change in its leadership structure. The company has appointed Mohammed Aslam Qudratullah Khan as its new Chief Executive Officer (CEO) and Key Managerial Personnel, effective October 14, 2025.

A Seasoned Leader at the Helm

Mr. Khan brings a wealth of experience to his new role, having been associated with Octaware Technologies for over 15 years. His journey with the company began in October 2009, during which time he has held several senior leadership positions across the company and its subsidiaries.

Responsibilities and Expectations

In his capacity as CEO, Mr. Khan will be tasked with:

• Steering the company's strategic direction
• Enhancing business development initiatives
• Providing strong organizational leadership

The primary focus of his role will be ensuring sustainable growth and long-term value creation for the company.

Key Details of the Appointment

Professional Background

Mr. Khan is recognized as a visionary leader and accomplished executive with a proven track record in:

• Driving business growth
• Fostering operational excellence
• Spearheading strategic innovation

Regulatory Compliance

It's noteworthy that Mr. Khan is not debarred from accessing capital markets or restrained from holding director positions by the Securities and Exchange Board of India (SEBI) or any other regulatory authority. This compliance ensures that his appointment adheres to all necessary regulatory requirements.

Company's Statement

The appointment was formally announced through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Octaware Technologies expressed confidence in Mr. Khan's ability to lead the company into its next phase of growth and innovation.

As Octaware Technologies embarks on this new chapter under Mohammed Aslam Qudratullah Khan's leadership, stakeholders will be keenly watching the company's strategic moves and performance in the coming months.

Octaware Technologies Limited, a company listed on the BSE (Scrip Code: 540416), has announced a significant change in its leadership. Anwer Hussien Bagdadi, the Chief Executive Officer (CEO) and Key Managerial Personnel (KMP) of the company, has tendered his resignation, effective from the close of business hours on October 10, 2025.

Resignation Details

The company disclosed this information in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Here are the key details of the resignation:

Company's Response

Octaware Technologies has acknowledged Bagdadi's services and contributions during his tenure as CEO. The company stated in its regulatory filing, "The Company places on record its deep sense of appreciation for the services rendered by Mr. Anwer Hussien Bagdadi and for his contribution during his tenure as the CEO."

Regulatory Compliance

The company has taken steps to ensure full compliance with regulatory requirements:

1. Informed the stock exchanges about the leadership change.
2. Submitted the required information as per SEBI circular CIR/CFD/CMD/4/2015 dated September 09, 2015.
3. Confirmed that there are no material reasons for Bagdadi's resignation.

Next Steps

While the company has not yet announced a successor, it is expected to update stakeholders on any further developments regarding the CEO position. Octaware Technologies will need to inform and update relevant statutory and regulatory authorities, including the Registrar of Companies and stock exchanges, about this change in accordance with applicable laws and regulations.

This leadership transition marks a significant moment for Octaware Technologies, and stakeholders will be keen to see how the company navigates this change in the coming months.