AXISCADES Appoints Abhay Maheshwari as Additional Director
The Board of Directors of AXISCADES Technologies Limited has approved the appointment of Mr. Abhay Maheshwari as an Additional Director (Non-Executive, Non-Independent) with effect from June 29, 2026.The decision was made following a meeting of the Board of Directors held on June 29, 2026, and was based on the recommendation of the Nomination and Remuneration Committee. Mr. Abhay Maheshwari will be liable to retire by rotation in this capacity.
Details regarding his appointment and professional profile include:
| Particulars | Information |
|---|---|
| Appointment Status | Additional Director (Non-Executive, Non-Independent) |
| Date of Appointment | Effective from June 29, 2026, subject to shareholder approval in terms of Regulation 17 (1C) of Listing Regulations. |
| Term of Appointment | Mr. Abhay Maheshwari will serve as an Additional Director and is liable to retire by rotation. |
| Relationship Disclosure | He is not related to any existing Director of the Company. |
Mr. Maheshwari brings a significant background in finance and strategy to the role. He is described as a seasoned finance executive and IIM Indore alumnus, who is a Chartered Accountant with 18 years of experience spanning strategic and operational domains. His expertise includes corporate finance, fundraising, IPOs, finance transformation, Capital and liquidity management, and Investing.
Over his career, Mr. Maheshwari has been instrumental in various aspects of financial leadership and business growth. He has played key roles in structuring and executing high-impact transactions aimed at strengthening long-term business value. His contributions are marked by sound professional judgment, analytical rigor, and commercial acumen. Furthermore, he possesses experience in transaction structuring, capital allocation, investor and board engagement, and governance focused financial oversight.
As a leader, Mr. Maheshwari has built and led high performing cross cultural teams. He is recognized for his integrity, pragmatic problem-solving skills, and solution-oriented approach to complex business and financial challenges, qualities that drive sustained value creation and strong stakeholder confidence.
AXISCADES Stock Price Movement
As of 3:30 PM, shares of AXISCADES Technologies Limited are shedding slight value in live trading, having slipped by 0.05% to reach ₹1690.20. The equity traded within a tight intraday range, hitting a low of ₹1636.2 and reaching an intra-day high of ₹1723.2.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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