Credit Rating

June 23, 2026 Listing Department The Manager National Stock Exchange of India Ltd. Dptt. of Corporate Services Exchange Plaza, C-1, Block G BSE Limited Bandra Kurla Complex, Floor 25 Phiroze Jeejeebhoy Towers Bandra (E), Mumbai – 400 051 Dalal Street, Fort, Mumbai – 400 051 NSE Symbol: AXISCADES BSE Scrip Code: 532395 Dear Sir/Madam, Sub: Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Credit Rating Pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that, further to Company’s earlier intimations to the Exchanges on May 26, 2026 and June 12, 2026 regarding transfer of the business comprising the divestment of ‘Engineering Services’ with respect to heavy engineering, automotive, energy and aerospace industries, CARE Ratings has reviewed the credit rating of the Company’s overall bank facilities as per their letter dated June 23, 2026, as below: The latest CARE Ratings are as follows: Sl. Particulars Amount Rating Rating Action No. (₹ Crore) 1 Long-term bank facilities 21.00 CARE A- (RWD) Placed on Rating Watch (Single A Minus) with Developing Implications 2 Long-term / Short-term 80.00 CARE A- / CARE A2+ Placed on Rating Watch bank facilities (RWD) with Developing (Single A Minus / A Implications Two Plus) 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