AXISCADES Technologies Limited - Reply to Clarification Sought

2 Aug 2022 , 12:00 AM

The Exchange had sought clarification from AXISCADES Technologies Limited with respect to announcement dated 27-07-2022 regarding General updates.On the basis of aforesaid disclosure, the Listed entity was required to clarify the following:In case of issuance of debt securities or other non convertible securities1. Whether proposed to be listed? If yes, name of the stock exchange(s);2. Tenure of the instrument – date of allotment and date of maturity;3. Coupon/interest offered, schedule of payment of coupon/interest and principal;4. Charge/security, if any, created over the assets;5. Special right/interest/privileges attached to the instrument and changes thereof;6. Delay in payment of interest / principal amount for a period of more than three months from the due date or default in payment of interest / principal;The response of the company is attached.