Axiscades Technologies Completes Land Acquisition for ₹39.4 Cr

Axiscades Technologies Ltd has announced the completion of its land acquisition from Telangana State Industrial Infrastructure Corporation (TSIIC). The acquired plot measures 32,847 Sq. Mts and is located in IP Hardware Park Phase II, Rangareddy District, Telangana. The total consideration for this acquisition is ₹39,41,64,000. This land is intended for setting up a unit for manufacturing Defence Hardware and Article integration (without fuel & explosives). The acquisition was completed in accordance with the agreed terms and conditions.