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.

Analysis Scores

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