NSEAcquisition17 Oct 2026 · 17 Oct 2026, 08:50 am
Acquisition
AXISCADES Technologies Limited · AXISCADES
✦ AI SummaryJoint Venture
AXISCADES Technologies Limited has informed the Exchange about the incorporation of a wholly-owned subsidiary, XPONENTIAL SPACE PRIVATE LIMITED, in India on October 16, 2026.
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Governance Concern1/10
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Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
AXISCADES Technologies Limited has informed the Exchange about Incorporation of a wholly-owned subsidiary
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October 17, 2026
The Manager Listing Department
Dppt. Of Corporate Services National Stock Exchange of India Limited
BSE Limited Exchange Plaza, 5 Floor, Plot C/1, G Block
Phirozee Jeejeebhoy Tower, Dalal Street Bandra – Kurla Complex, Bandra(E),
Mumbai 400 001 Mumbai 400 051
BSE Scrip Code: 532395 NSE Symbol: AXISCADES
Dear Sir,
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Incorporation of Wholly-owned Subsidiary
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform that the Company has
incorporated a wholly-owned subsidiary, namely, XPONENTIAL SPACE PRIVATE LIMITED in India on
October 16, 2026.
The relevant details pertaining to the above, as required under Regulation 30 of the Listing
Regulations, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
issued on July 11, 2023, and last updated on January 30, 2026 are enclosed as Annexure-I.
Kindly take the above information on record.
Yours truly,
For AXISCADES Technologies Limited
Sonal Dudani
Company Secretary & Compliance Officer
AXISCADES Technologies Limited
(formerly AXISCADES Engineering Technologies Limited)
CIN No.: L72200KA1990PLC084435
Reg. Office: Block C, Second Floor, Kirloskar Business Park, Bengaluru -560024, Karnataka, INDIA
Ph: +91 80 4193 9000 | Fax: +91 80 4193 9099 | Email: info@axiscades.com | www.axiscades.com
Annexure-I
SN. Particulars Details
1 Name of the entity, date & country of Name: Xponential Space Private Limited
incorporation, etc.
Date of Incorporation: October 16, 2026
Country of Incorporation: India
2 Name of holding company of the Name of holding company: AXISCADES
incorporated company and relation Technologies Limited
with the listed entity
Relation with the listed entity: Wholly owned
Subsidiary
3 Industry to which the entity being Space Technology and Aerospace Industry
acquired belongs
4 Brief background about the entity To undertake the design, development,
incorporated in terms of products / manufacturing and operation of satellites,
line of business payloads and allied space systems, and to provide
space technology solutions and services including
satellite communication, earth observation,
navigation, launch support, mission management
and space data analytics. The Company will also
engage in research and development, and space
infrastructure development.
5 brief details of any governmental or Not Applicable
regulatory approvals required for the
incorporation
6 nature of consideration and details of 100% subscription to the share capital in cash.
the same
7 cost of subscription / price at which 10,000 equity shares of Rs. 10 each
the shares are subscribed
8 Percentage of shareholding / control 100%
by the listed entity and / or number of
shares allotted.
For AXISCADES Technologies Limited
Sonal Dudani
Company Secretary & Compliance Officer
AXISCADES Technologies Limited
(formerly AXISCADES Engineering Technologies Limited)
CIN No.: L72200KA1990PLC084435
Reg. Office: Block C, Second Floor, Kirloskar Business Park, Bengaluru -560024, Karnataka, INDIA
Ph: +91 80 4193 9000 | Fax: +91 80 4193 9099 | Email: info@axiscades.com | www.axiscades.com