StockWatch
·
IT Enabled Services
Subsidiary22 Sept 2026, 09:00 pm

Axiscades Technologies Incorporates Aerospace Subsidiary

AI Summary

Axiscades Technologies Ltd has incorporated a new subsidiary, AKKODIS AXISCADES AEROSPACE ENGINEERING PRIVATE LIMITED (AAAEPL), in India on September 22, 2026. AAAEPL will focus on providing engineering, design, technical, consulting, and technology services to the aerospace, aviation, and allied industries. Axiscades Technologies Limited holds a 99.9999% stake in AAAEPL, which was incorporated with an authorized share capital of Rs. 15,00,000. The incorporation is a strategic move to expand its presence in the aerospace sector.

Key Highlights

  • Axiscades Technologies incorporated a new subsidiary, AAAEPL.
  • The subsidiary will focus on aerospace engineering and technology services.
  • Axiscades holds a 99.9999% stake in the new entity.
  • Initial investment is Rs. 48,990 for 4,899 equity shares.