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Management Change11 Aug 2026, 08:31 pm

Axiscades Technologies Appoints Ashmita Sethi as Independent Director

AI Summary

Axiscades Technologies Ltd announced the resignation of Mrs. Mariam Mathew as Non-Executive, Independent Director due to increased family commitments, effective August 11, 2026. Concurrently, the company's Board of Directors, upon recommendation from the Nomination and Remuneration Committee, approved the appointment of Ms. Ashmita Sethi as an Additional Director in the category of Non-Executive, Independent Director. Ms. Sethi's appointment is effective from August 11, 2026, for a term of three years, subject to shareholder approval. She brings over 25 years of experience in the aerospace and defence industry, having held senior leadership roles at global companies like Pratt & Whitney, Boeing, and Rolls-Royce. The company affirmed that Ms. Sethi is not debarred from holding a director's office.

Key Highlights

  • Mrs. Mariam Mathew resigns as Non-Executive, Independent Director.
  • Ms. Ashmita Sethi appointed as Additional Non-Executive, Independent Director.
  • Ms. Sethi has over 25 years of experience in aerospace and defence.
  • Appointment is for a term of three years, subject to shareholder approval.