AXISCADES Technologies Limited
Axiscades Technologies Limited is a technology solutions company focussing on engineering solutions and services.
What AXISCADES files
- Others62
- Investor Meet52
- Updates50
- Pledging18
- Board Meeting13
- Important13
AXISCADES Technologies completed acquiring 32,847 Sq. Mts of land from Telangana State Industrial Infrastructure Corp for Rs. 39.42 Cr. This enables setting up a Defence Hardware Manufacturing & Article Integration unit, a key strategic expansion.
AXISCADES Technologies paid approximately 0.05 Cr in fines to NSE and BSE for non-compliance with Board composition requirements. The company confirmed its Board was subsequently regularized.
AXISCADES is selling its Aerospace Engineering Services business to Akkodis Group for USD 206.30 million. This strategic divestment aims to realign capital, fund future growth acquisitions, and strengthen the balance sheet. The process involves transferring the business into new subsidiaries before their sale to Akkodis, enhancing shareholder value.
AXISCADES will divest its Engineering Services business (Heavy Engineering, Automotive, Energy) to Akkodis entities for $30.63 million. This segment generated 24% (INR 249.3 Cr) of FY25 consolidated revenue. The strategic sale aims to realign focus, unlock value, and fund future growth. Approvals pending.
AXISCADES Technologies paid fines totaling approximately 4.6 Lakhs to NSE and BSE for non-compliance with Board composition rules. The Board advised diligent evaluation of candidates to fill the vacancy promptly.