Pursuant to Regulation 30 of SEBI (LODR) regulations, 2015, Axiscades Engineering Technologies has informed that Mritunjay Singh, current CEO and Executive Director (Key Managerial Personnel), has conveyed his intent to step down from the office of Chief Executive Officer and Executive Director of the Company, due to personal reasons. The Board took note of the above and has formally accepted the resignation of Mritunjay Singh with immediate effect from 19th January 2019. Further, informed that the Board in its meeting on 19th January 2019 has considered and approved the appointment of Sharadhi Chandra Babu (DIN No. 02809502) currently Chief Operating officer of wholly owned subsidiary Axiscades Aerospace & Technologies as additional director in the capacity of the Acting Chief Executive Officer (CEO) and Executive Director of the Company with effect from 21st January 2019 for the interim.
The above information is a part of company’s filings submitted to BSE.
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