Axiscades Technologies Ltd

AXISCADES Technologies Limited has completed the transfer of its Engineering Services business in Heavy Engineering, Automotive, and Energy sectors to Akkodis India Private Limited and its subsidiaries. The transfer, involving Epcogen Private Limited, AXISCADES UK Limited, and AXISCADES Inc., was finalized on October 1, 2026, following the fulfillment or waiver of conditions precedent under the transaction documents. An amendment agreement was also executed to modify certain commercial and operational terms of the original Business Transfer Agreement and Master Framework Agreement dated May 26, 2026. Key amendments include revised foreign exchange rate references, payment and holdback arrangements totaling USD 4,114,216, repayment of an existing facility, and indemnity provisions. The overall transaction value remains unchanged.

Jupiter Capital Private Limited has disclosed the sale of 4,620,230 equity shares in AXISCADES Technologies Limited, representing 10.86% of the total share capital. The transactions occurred on September 28, 2026, and September 29, 2026, via the National Stock Exchange (NSE). Following the sale, Jupiter Capital's holding in AXISCADES Technologies has reduced from 23.51% (21,331,047 shares) to 17.98% (16,710,817 shares). The total diluted share capital of AXISCADES Technologies remains unchanged at 4,25,33,489 shares.

Axiscades Technologies Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will remain shut from October 01, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter and half-year ended September 30, 2026. The exact date of the board meeting to approve these results will be communicated separately.

Axiscades Technologies Limited has approved the allotment of 20,000 Unrated Unlisted Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The total issue size aggregates to ₹200,00,00,000 (Rupees Two Hundred Crores). Each debenture has a face value of ₹1,00,000. This move signifies a significant debt financing activity for the company, aimed at bolstering its financial resources.

Axiscades Technologies Ltd announced that its Board of Directors has approved the issuance of a corporate guarantee amounting to ₹20 Crores for its subsidiary, Cloud Wave Technologies Private Limited. This guarantee will replace personal guarantees previously issued by exiting shareholders to various banks. The transaction is considered to be in the ordinary course of business and on an arm's length basis, with no material adverse impact anticipated on Axiscades Technologies.

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.

Jupiter Capital Private Limited has filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, concerning the release of 1,00,000 equity shares of AXISCADES Technologies Limited by Aditya Birla Capital Limited. This filing pertains to the period ending September 16, 2026, and details the changes in shareholding as per the regulations. The disclosure is a routine regulatory filing to inform the exchange about the transaction.

AXISCADES Technologies Limited has completed the acquisition of 90% of the share capital of Cloud Wave Technologies Private Limited for a purchase consideration of INR 234 crores, subject to post-closing adjustments. This acquisition also includes the indirect acquisition of 90% of Cloud Wave's wholly owned subsidiaries, Protohubs System Solutions Private Limited and Aureate Polymet Private Limited. Consequently, Cloud Wave, Protohubs, and Aureate have become subsidiaries of AXISCADES. Cloud Wave is a precision manufacturing company with a turnover of INR 107.78 Cr for FY 25-26, Protohubs reported INR 6.54 Cr, and Aureate reported INR 6.99 Cr for the same period. This move is a strategic step in AXISCADES' growth plan.

Axiscades Technologies Limited has dispatched a letter to shareholders whose email addresses are not registered, providing access to the Notice of its 36th Annual General Meeting (AGM) and the Annual Report for FY 2025-26. The AGM is scheduled for September 28, 2026, at 10:30 AM IST, to be held via Video Conferencing. Shareholders can access the Annual Report via the company's website, stock exchange websites (BSE and NSE), or a QR code. The company urges shareholders to update their email addresses with their Depository Participants or Registrar & Transfer Agent to ensure prompt communication.

Axiscades Technologies Ltd has announced its 36th Annual General Meeting (AGM) for FY 2025-26, scheduled for Monday, September 28, 2026, at 10:30 AM IST. The meeting will be conducted virtually via Video Conference (VC) / Other Audio-Visual Means (OAVM). Key agenda items include the adoption of audited financial statements for the year ended March 31, 2026, the re-appointment of Mr. Venkatraman Venkitachalam as Director, and the appointment of Mr. Abhay Maheshwari as Non-Executive, Non-Independent Director, and Ms. Ashmita Sethi as Non-Executive, Independent Director. E-voting will be open from September 25 to September 27, 2026.