AXISCADES Technologies Limited (formerly AXISCADES Engineering Technologies) has notified the stock exchanges about the resignation of Mr. Arun Krishnamurthi as Chief Executive Officer & Managing Director, effective January 2, 2025. Mr. Krishnamurthi resigned due to personal reasons, as per the company’s filing with the exchanges.
In line with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has shared the resignation letter, providing the required details for the event. While the resignation is effective immediately, no further details regarding a successor or interim arrangements have been disclosed at this time.
AXISCADES Technologies, based in Bengaluru, is known for its engineering and digital solutions. The company has committed to ensuring compliance with regulatory guidelines and will keep stakeholders updated on any further developments. The leadership change is expected to be a part of the company’s broader organizational strategy moving forward.