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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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
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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AXISCADES_17102026084926_XponentialSpace_17102026.pdf

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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