StockWatch
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IT Enabled Services
Board Meeting2 Sept 2026, 05:41 pm

Axiscades to consider ₹200 Cr NCD issuance on Sep 5

AI Summary

Axiscades Technologies Ltd has announced that its Board of Directors will convene on September 5, 2026. The primary agenda item for this meeting is to consider and approve a proposal for raising funds. The company plans to raise up to ₹200 crores through the issuance of Secured, Unlisted, Redeemable, Non-Convertible Debentures (NCDs). This move indicates a strategic initiative by Axiscades to secure capital for its future operations or expansion plans.

Key Highlights

  • Board meeting scheduled for September 5, 2026.
  • Proposal to raise funds up to ₹200 crores.
  • Fundraising via Secured, Unlisted, Redeemable NCDs.
  • Aims to strengthen financial position for growth.