Axiscades Technologies Ltd

AXISCADES Technologies Limited, formerly AXISCADES Engineering Technologies Limited, announced the incorporation of a wholly-owned subsidiary, XPONENTIAL SPACE PRIVATE LIMITED, in India on October 16, 2026, with a stated focus on the space technology and aerospace industry, including satellite design, development, manufacturing, and operation, as well as related services and research and development. The listed entity subscribed to 10,000 equity shares of Rs 10 each, representing 100% ownership of the new entity.

AXISCADES Technologies Limited announced that its Board of Directors approved the appointment of Mr. Uttam Kumar Bhageria as Chief Financial Officer (CFO) - Designate, effective October 21, 2026. Current Group Chief Financial Officer Mr. Shashidhar SK will attain superannuation on December 31, 2026, and Mr. Bhageria will assume the role of Chief Financial Officer and Key Managerial Personnel (KMP) effective January 01, 2027.

AXISCADES Technologies Limited has completed the acquisition of 100% of the share capital of Ulosia Holding AG, a Switzerland-based company, making it a wholly-owned subsidiary effective October 14, 2026, according to a regulatory filing.

AXISCADES Technologies Limited, formerly AXISCADES Engineering Technologies Limited, informed the National Stock Exchange of India Ltd. and BSE Limited that KFin Technologies Limited, its Registrar and Transfer Agent, has issued a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the period from July 1, 2026, to September 30, 2026, confirming the processing of dematerialization requests and related actions.

AXISCADES Technologies Limited, formerly AXISCADES Engineering Technologies Limited, announced the incorporation of a step-down subsidiary, XIDA DEEPTECH PRIVATE LIMITED, in India on October 5, 2026, according to a regulatory filing. XIDA DEEPTECH PRIVATE LIMITED will operate in the electronics, semiconductor, artificial intelligence, and deep tech industries, providing engineering, design, manufacturing, technology, consulting, and technical services, and is a step-down subsidiary of AXISCADES Technologies Limited through its holding company, XIDA PRIVATE LIMITED.

AXISCADES Technologies Limited completed the transfer of its engineering services business, including operations of Epcogen Private Limited, AXISCADES UK Limited and AXISCADES Inc., to Akkodis India Private Limited, Akkodis UK Limited and Akkodis Inc., respectively, on October 1, 2026, following an amendment agreement finalized on September 25, 2026. The amendment revises commercial and operational terms of the original transaction, including temporary holdbacks of USD 3,314,216 and USD 800,000 pending transfer of business contracts and repayment of a bank facility, and adjustments to indemnity provisions, but does not alter the overall transaction value previously disclosed.

AXISCADES Technologies Limited will close its trading window for designated persons and their immediate relatives from October 1, 2026, until 48 hours after the declaration of unaudited financial results for the quarter and half year ended September 30, 2026, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.

AXISCADES Technologies Limited announced that its board of directors approved the allotment of 20,000 unrated, unlisted secured redeemable non-convertible debentures (NCDs) with a face value of Rs 100,000 each, totaling Rs 200 crore, on a private placement basis, according to a filing on September 24, 2026.

AXISCADES Technologies Limited announced the incorporation of a subsidiary, AKKODIS AXISCADES AEROSPACE ENGINEERING PRIVATE LIMITED, in India on September 22, 2026, with an authorized share capital of Rs 15,00,000 divided into 1,50,000 equity shares of Rs 10 each; AXISCADES Technologies Limited subscribed to 4,899 equity shares, representing 99.9999% of the share capital.

AXISCADES Technologies Limited completed the acquisition of 90% of the share capital of Cloud Wave Technologies Private Limited for a purchase consideration of INR 234 crore, along with the indirect acquisition of 90% of the share capital of Cloud Wave’s wholly owned subsidiaries, Protohubs System Solutions Private Limited and Aureate Polymet Private Limited. The acquisition, executed on September 10, 2026, is intended to expand AXISCADES’s capabilities in aerospace manufacturing and offer integrated engineering-plus-manufacturing solutions to customers. Cloud Wave, Protohubs, and Aureate have become subsidiaries of AXISCADES, with Protohubs and Aureate becoming step-down subsidiaries.