Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Update on Restructuring

October 1, 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 Further to our intimation dated May 26, 2026 and pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) read with Schedule III of the Listing Regulations, AXISCADES Technologies Limited (“Company”), hereby informs the Stock Exchanges that pursuant to completion/waiver/deferment of the relevant conditions precedent under the Transaction Documents (as defined below) on September 30, 2026, the Company and its relevant subsidiaries have completed the transfer of the business comprising the provision of Engineering Services in the Heavy Engineering, Automotive, and Energy (“Transferred Business”) by the Company and its subsidiaries, Epcogen Private Limited, AXISCADES UK Limited and AXISCADES Inc. to Akkodis India Private Limited, Akkodis UK Limited and Akkodis Inc. respectively (“Buyers”) today i.e., October 1, 2026, in accordance with the terms of the Transaction Documents (as disclosed in the disclosure dated May 26, 2026) and the Amendment Agreement (as defined below). Further, the parties have executed an amendment agreement (“Amendment Agreement”) in relation to the Business Transfer Agreement and Master Framework Agreement executed on May 26, 2026 (collectively, “Transaction documents”) to record certain amendments in connection with the transaction. The relevant details pertaining to the above, as required under Regulation 30 of the Listing Regulations, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023, and last updated on January 30, 2026 is enclosed as “Annexure-I”. Kindly take the above information on record. Yours truly, 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-I Disclosure regarding Amendment Agreement Sl. Particulars Details 1. Name(s) of parties with whom the AXISCADES Technologies Limited, Epcogen agreement is entered. Private Limited, AXISCADES UK Limited, AXISCADES Inc., Akkodis India Private Limited, Akkodis UK Limited and Akkodis Inc. 2. Purpose of entering into the agreement To amend certain commercial and operational terms of the Business Transfer Agreements dated May 26, 2026 and Master Framework Agreement dated May 26, 2026 executed between the parties. 3. Size of agreement The Amendment Agreement does not alter the overall transaction value disclosed by the Company vide its intimation dated May 26, 2026. The Amendment Agreement pertains to certain terms and conditions of the Transaction Documents. 4. Shareholding, if any, in the entity with Not Applicable. whom the agreement is executed. 5. Significant terms of the agreement (in The Amendment Agreement revises brief) special rights like right to appoint commercial and operational terms of the directors, first right to share subscription underlying Transaction Documents, inter in case of issuance of shares, right to alia relating to: restrict any change in capital structure (i) the reference date for the etc. applicable foreign exchange rate; (ii) revised payment and holdback arrangements from the purchase consideration: (a) Temporary hold back from Closing Date of an amount of USD 3,314,216 (USD Three Million Three Hundred Fourteen Thousand and Two Hundred Sixteen Only) pending transfer of certain business contracts 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 and of USD 800,000 (USD Eight Hundred Thousand), pending repayment of an existing bank facility. Both are under closure. Accordingly, ATL and its Subsidiaries have received USD 11,760,000 on the Closing Date. The holdback amounts shall be released upon fulfillment of the conditions in respect of the business contracts and the facility; (iii) repayment of an existing facility and releasing related encumbrances post-closing; and (iv) indemnity provisions relating to specified liabilities. 6. Whether the said parties are related to The buyer does not belong to the promoter/ promoter/promoter group/ group promoter group/ group companies of the companies in any manner. If yes, nature of Company. relationship. 7. Whether the transaction would fall No. within related party transactions? If yes, whether the same is done at “arm’s length”. 8. In case of issuance of shares to the Not Applicable. parties, details of issue price, class of shares issued. 9. In case of loan agreements, details of Not Applicable. lender/borrower, nature of the loan, total amount of loan granted/taken, total amount outstanding, date of execution of the loan agreement/sanction letter, details of the security provided to the lenders / by the borrowers for such loan or in case outstanding loans lent to a party or borrowed from a party become material on a cumulative basis. 10. any other disclosures related to such Not Applicable. agreements, viz., details of nominee on the board of directors of the listed entity, 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 potential conflict of interest arising out of such agreements, etc. 11 In case of termination or amendment of (a) Name of parties to the agreement - agreement, listed entity shall disclose Please refer to S.L. No. 1 for the details. additional details to the stock (b) Nature of the agreement – Amendment exchange(s): Agreement i. Name of parties to the agreement; (c) Date of execution of the agreement – ii. Nature of the agreement; September 25, 2026 iii. Date of execution of the agreement; (d) Details of amendment and impact iv. Details of amendment and impact thereof or reasons of termination and thereof or reasons of termination and impact thereof – To amend certain impact thereof. commercial and operational terms of the Business Transfer Agreements and Master Framework Agreement executed between the parties. The Amendment Agreement does not alter the overall commercials of the transaction and the transaction structure. 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