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
- Important13
- Board Meeting13
AXISCADES Technologies Limited has dispatched physical notices regarding its upcoming annual general meeting and the availability of the annual report for unregistered shareholders, reminding investors to update their email addresses for seamless digital communication.
AXISCADES acquires Cloud Wave Technologies for ~INR 260 Cr, accelerating its aerospace manufacturing push. This adds precision manufacturing capabilities. Cloud Wave projects 180 Cr revenue at 22% EBITDA in FY27, aligning with AXISCADES' growth plan.
AXISCADES Q1 revenue hit Rs. 346.7 Cr (+42.2% YoY). Company divesting services for Rs. 2,256 Cr, funding growth in Defence, XiDA, Aerospace Mfg, and Space. Defence revenue doubled; XiDA grew 62% with new clients. Normalised EBITDA Rs. 41.0 Cr.
AXISCADES Technologies announced the reconstitution of its Nomination and Remuneration Committee. Mr. Abhay Maheshwari has been appointed as an additional member, changing the committee's composition. This impacts board governance.
AXISCADES divested 51% of its Aerospace Engineering Services business to Akkodis, completing a shift to an IP-focused manufacturing platform. Proceeds fully fund its Power 930 plan, targeting ~Rs 9,000 Cr revenue and ~Rs 960 Cr PAT, and establish a new Space division.