Outcome of Board Meeting

September 05, 2026 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phirozee Jeejeebhoy Tower, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400051 Mumbai – 400 051 NSE Symbol: AXISCADES BSE Scrip Code: 532395 Dear Sir/Madam, Sub: Outcome of the Board Meeting Pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform that the Board of Directors of the Company in its meeting held today i.e., September 05, 2026 has considered and approved the raising of funds through issuance of Unrated, Unlisted, Secured, Redeemable, Non-Convertible Debentures (“NCDs”) aggregating upto Rs.200 crores on a private placement basis. The proceeds of the issue will be utilized towards the acquisition of Cloud Wave Technologies Private Limited ("Target”), a Bengaluru-based Company which operates in the precision engineering and manufacturing industry, and for financing related transaction expenses. The relevant details pertaining to the above, as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and last updated on January 30, 2026 is enclosed as Annexure-1. The meeting of Board of Directors commenced at 11:30 AM (IST) and concluded at 12:01 PM (IST). Kindly take the above information on record. Yours faithfully, For AXISCADES Technologies Limited Sonal Dudani Company Secretary & Compliance Officer AXISCADES Technologies Limited (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: info@axiscades.com | www.axiscades.com Annexure-1 Issuance of Unrated Unlisted Secured Redeemable Non-Convertible Debentures on private placement basis 1. Type of securities proposed to be Unrated, Unlisted, Secured, Redeemable, Non- issued (viz. equity shares, Convertible Debentures convertibles etc.) 2. Type of issuance (further public Private Placement to eligible investor(s) offering, rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.) 3. Total numbers of securities Up to 20,000 Unrated, Unlisted, Secured, proposed to be issued or total Redeemable, Non-Convertible Debentures bearing a amount for which the securities face value of Rs 100,000/- each, aggregating upto Rs. will be issued (approximately) 200 Crores 4. Size of the issue Not exceeding Rs. 200 Crores 5. Whether proposed to be listed? No, Unlisted 6. Tenure of the instrument - date of Date of allotment- Shall be determined by the allotment and date of maturity Company subsequently at the time of signing of definitive agreements. Date of Maturity/ Tenor– Upto 60 months, with prepayment options by Company and put option by the investor, subject to pre-defined conditions 7. Coupon/interest offered, schedule 12.50% p.a. and payable quarterly of payment of coupon/interest and principal Tenor & Repayment Profile Upto 60 months with quarterly repayments starting from end of 6 months. Indicative repayment schedule as follows: At the end of [x] %age Facility to be months from repaid drawdown 6, 9 and 12 3% each (3 instalments) 15 to 27 4% each (5 instalments) 30 to 39 6% each (4 instalments) 42 to 57 7% each (6 instalments) 60 5% (1 instalment) AXISCADES Technologies Limited (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: info@axiscades.com | www.axiscades.com 8. charge/security, if any, created Subject to applicable laws (including but not limited over the assets to) • First Pari-passu charge over all assets (incl. movable and immovable fixed assets, intangible assets & intellectual rights, current assets, non- current assets) of Borrower, AXISCADES Aerospace & Technologies Pvt Ltd (“ACAT”) and Mistral Solutions Private Limited (“MSPL”). • First pari passu charge over Immovable property held by Borrower and Enertec Controls Ltd Plot No. 14/15, Electronic City, Hosur Road, Bangalore-29 owned by Enertec Controls Ltd. • Exclusive pledge over 51% shareholding of Mistral and ACAT. • Exclusive pledge over all shares held by the Borrower in the Target • Corporate guarantees from all third-party security providers including Mistral, ACAT, Enertec Controls Ltd, and Explosoft Tech Solutions Pvt Ltd; • NDU/Negative lien on shares and assets of all subsidiaries of the Borrower; • ISRA – 1 interest period • Such other security as maybe stipulated by arranger upon completion of due diligence. 9. special right/interest/privileges - attached to the instrument and changes thereof 10. delay in payment of interest / Not Applicable principal amount for a period of more than three months from the due date or default in payment of interest / principal 11. details of any letter or comments Not Applicable regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any AXISCADES Technologies Limited (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: info@axiscades.com | www.axiscades.com 12. details of redemption of Not Applicable preference shares indicating the manner of redemption (whether out of profits or out of fresh issue) and debentures 13. any cancellation or termination of Not Applicable proposal for issuance of securities including reasons thereof. For AXISCADES Technologies Limited Sonal Dudani Company Secretary & Compliance Officer AXISCADES Technologies Limited (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: info@axiscades.com | www.axiscades.com