AXISCADES appoints Anurag Sharma as CEO of add-solution to Drive European Growth and Software-Led Engineering Innovation

AXISCADES Technologies Limited (BSE: 532395 | NSE: AXISCADES), a leading end-to-end technology and engineering solutions provider, is pleased to announce the appointment of Mr. Anurag Sharma as CEO of add-solution GmbH, a Germany-based subsidiary of AXISCADES specializing in Wiring harness design & testing for aerospace, automotive and industrial sectors. add solution GmbH also leads the Specialized Drone development and Thermal management offering of AXISCADES group in Europe.

Welcoming Anurag, Alfonso Martinez, CEO and MD of AXISCADES said, "We are excited to welcome Anurag to our leadership team. He embodies the rare blend of technical expertise and executional foresight that defines AXISCADES' ambition. The future of engineering value is being created: at the intersection of electrification, AI-driven industrial transformation, and semiconductor-led innovation and he brings these talents to the table.

Anurag's track record in scaling engineering businesses gives add-solution the exact leverage needed to dominate the software-defined era. His work in EDS and cross-border industrialization aligns with our strategy to embed deeper into European OEMs' R&D cycles. In Europe, the sector contributes 4% to the GDP and is home to several leading premium car manufacturers, making it a highly attractive market. As part of our restructuring, AXISCADES is doubling down on aerospace, defense, and engineering services powered by Electronics, Semiconductors and Artificial Intelligence (ESAI). add-solution plays a central role in this vision, bringing software-led scale and agility to these high-priority verticals. We're building a leadership team that doesn't just respond to industry shifts it shapes them."

Mr. Anurag Sharma, alumnus of IIT Roorkee joins as CEO of add-solution, bringing more than three decades of multifaceted experience across Product Development, Sales & Business Development, P&L Management, and the successful execution of large-scale engineering programs. He began his career with L&T, contributing to a prestigious national project for the Indian Defense. Anurag's leadership journey spans global organizations such as Siemens Technology, Segula Technologies, Altran India, Ansys India and Altair Engineering. Notably setting up the India presence of Segula Technologies as Managing Director, he secured business mandates in localization and industrialization programs and led their seamless execution. His deep domain expertise across Electronics, Semiconductor and Digitalization sectors have enabled collaborations with global OEMs and Tier 1 players. He has also worked extensively on Digital manufacturing and Smart infrastructure initiatives in the Metals and Oil & Gas sectors across the Middle East.

Commenting on his new role, Mr. Anurag Sharma said, "AXISCADES is at an inflection point where product innovation in the domain of electronics, semiconductor and digital engineering are converging to create long-term value. The EDS (Electrical Distribution Systems) industry is undergoing a major transformation, with embedded electronic systems and 3D designs taking center stage. As OEMs increasingly shift towards software-defined vehicles and electrification, the demand for highly specialized, domain-driven engineering services is set to rise. I am thrilled to contribute to this vision and bring together add solution's deep expertise in EDS and component testing to give AXISCADES a unique edge. The goal is to deepen global partnerships and build differentiated capabilities by delivering smarter, faster, and more integrated solutions across the value chain."

The appointment marks a significant step in AXISCADES commitment to innovation, customer-centricity, and strategic global expansion.

Shares of AXISCADES Technologies Limited was last trading in BSE at Rs. 823.70 as compared to the previous close of Rs. 851.70. The total number of shares traded during the day was 6146 in over 277 trades.

The stock hit an intraday high of Rs. 869.00 and intraday low of 815.00. The net turnover during the day was Rs. 5120186.00.

Source : Equity Bulls

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