NSEAcquisition31 Oct 2026 · 31 Oct 2026, 09:35 pm
Acquisition
AXISCADES Technologies Limited · AXISCADES
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AXISCADES Technologies Limited has informed the Exchange about the incorporation of a subsidiary, AKKODIS AXISCADES AEROSPACE CANADA INC., in Canada.
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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
AXISCADES Technologies Limited has informed the Exchange about Incorporation of a Subsidiary.
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AXISCADES_31102026213434_Reg30_31102026.pdf
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October 31, 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 a Subsidiary
In continuation of our intimation dated June 12, 2026 and pursuant to the provisions of Regulation
30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing
Regulations”), we wish to inform that Ulosia Holding AG, a wholly owned subsidiary of AXISCADES
Technologies Limited has incorporated a wholly owned subsidiary, namely, AKKODIS AXISCADES
AEROSPACE CANADA INC. in Canada on October 30, 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.
Kindly take the above information on record.
Yours truly,
For AXISCADES Technologies Limited
Sonal Dudani
Company Secretary & Compliance Officer
Annexure-I
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
SN Particulars Details
1 Name of the entity, date & country of Name: AKKODIS AXISCADES AEROSPACE
incorporation, etc. CANADA INC.
Date of Incorporation: October 30, 2026
Country of Incorporation: Canada
2 Name of holding company of the Holding Company - Ulosia Holding AG
incorporated company and relation with
the listed entity Ulosia Holding AG is a wholly-owned
subsidiary of AXISCADES Technologies
Limited (“ACTL”).
3 Industry to which the entity being Aerospace
acquired belongs
4 Brief background about the entity Providing engineering, design, technical,
incorporated in terms of products / line of consulting and technology services to
aerospace, aviation and allied industries.
business
5 brief details of any governmental or Not Applicable
regulatory approvals required for the
incorporation
6 nature of consideration - whether cash Cash consideration
consideration or share swap and details of
the same
7 cost of subscription / price at which the AKKODIS AXISCADES AEROSPACE CANADA
shares are subscribed INC.is a step-down subsidiary of ACTL;
therefore, no shares have been subscribed
by ACTL.
8 Percentage of shareholding / control by Ulosia Holding AG holds 100% of the share
the listed entity and / or number of shares capital in AKKODIS AXISCADES AEROSPACE
allotted. CANADA INC.
ACTL does not have any direct shareholding
or control in AKKODIS AXISCADES
AEROSPACE CANADA INC.
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