Axiscades Tech.

Oct 5 (Reuters) - Axiscades Technologies Ltd AXIT.NS:

• INITIATES VOLUNTARY SOLVENT LIQUIDATION OF GERMAN UNIT ADD-SOLUTION GMBH

Source text: ID:nBSEtvyCJ

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AXISCADES Technologies completed the transfer of its Heavy Engineering, Automotive and Energy engineering services business to Akkodis India, Akkodis UK and Akkodis Inc on 1 October 2026. The closing followed completion of conditions precedent on 30 September and an amendment agreement dated 25 September that left overall transaction value unchanged while revising foreign-exchange reference, payment and holdback terms. The company received USD 11.76 million on closing, with USD 3.31 million held back pending transfer of certain business contracts and USD 0.80 million held back pending repayment of an existing bank facility. The transfer implemented business transfer and framework agreements signed on 26 May 2026 that shareholders approved in July. The company closed the Rs234 crore purchase of a 90% stake in Cloud Wave Technologies on 10 September and allotted Rs200 crore of secured unrated unlisted redeemable non-convertible debentures on 24 September. Revenue was Rs1,159 crore in the year to March 2026.

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Jupiter Capital Private Limited sold 46,20,230 equity shares of Axiscades Technologies, representing 10.86% of voting capital, on 28 and 29 September 2026 through the National Stock Exchange. The holding carrying voting rights fell to 1,67,10,817 shares, or 39.29%, while 23,51,000 encumbered shares, or 5.53%, were unchanged, taking total holding to 44.82% from 55.68%. On 16 September, 1,00,000 shares of the seller were released from pledge by Aditya Birla Capital, leaving encumbered shares at 23,51,000. Axiscades reported gross revenue of about ₹1,159 crore for FY26, with technology services accounting for about two-thirds and defence about one-third. Its defence systems business reported revenue of ₹125 crore in the June quarter, while the XiDA electronics platform reported revenue of ₹49.5 crore with EBITDA of ₹14.7 crore.

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AXISCADES Technologies scheduled a board meeting for September 5, 2026, to consider raising up to ₹200 crore through secured, unlisted, redeemable non-convertible debentures. The notice did not specify the proposed coupon, maturity, investors or use of proceeds. The company had cash of ₹81 crore and a planned ₹100-150 crore bridge in its current funding plan. It reported FY26 revenue of about ₹1,159 crore.

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** Shares of Axiscades Technologies AXIT.NS rise as much as 4.1%; last up 1.3% at 1,615.1 rupees

** Engineering R&D co to acquire 90% stake in Bengaluru-based precision engineering co Cloud Wave Technologies for 2.34 billion rupees ($24.52 million)

** Acquisition is a key inorganic step to target continued expansion into aerospace manufacturing, says AXIT

** YTD, stock up 22.12%

($1 = 95.4400 Indian rupees)

(Reporting by Mridula Kumar in Bengaluru)

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AXISCADES Technologies’ board approved the purchase of 90% of Cloud Wave Technologies for approximately ₹234 crore in cash, at an enterprise valuation of ₹260 crore subject to final account adjustments. The Bengaluru-based target operated seven manufacturing units, held AS9100D certification and served aerospace, defence and semiconductor customers in domestic and export markets. Its audited turnover rose to ₹107.78 crore in FY26 from ₹68.25 crore in FY25 and ₹36.98 crore in FY24; the remaining 10% could be acquired later, and the 90% purchase was scheduled for completion by 30 September 2026. AXISCADES described the deal as part of its shift from engineering services toward owned aerospace manufacturing and integrated engineering-and-manufacturing offerings. The company had earlier signed a non-binding offer for an AS9100-certified precision-manufacturing company. Its aerospace manufacturing activity generated ₹6.1 crore in the latest quarter, while group revenue was ₹1,159 crore in FY26. Manufacturing facilities in Devanahalli and Hyderabad were under development.

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Aug 28 (Reuters) - Axiscades Technologies Ltd AXIT.NS:

• AXISCADES TECHNOLOGIES - BOARD APPROVES ACQUISITION OF 90% EQUITY IN CLOUD WAVE TECHNOLOGIES

• AXISCADES TECHNOLOGIES - ACQUISITION FOR 2.34 BILLION RUPEES

Source text: ID:nBSE3w7lxG

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Jupiter Capital Private Limited, the promoter of Axiscades Technologies, sold 10 lakh equity shares through the BSE on June 30, 2026, a regulatory filing by the firm showed on July 1. The transaction trimmed Jupiter Capital’s voting rights in the engineering services company from 52.50% to 50.15%, while its total stake including encumbered shares fell from 58.03% to 55.68%. The filing did not disclose the sale price or the reason for the disposal.

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Axiscades Technologies' board has approved the sale of its aerospace engineering services business to Akkodis Group AG in a deal valued at USD 206.3 million. The transaction will be executed through an internal carve-out into newly incorporated subsidiaries, followed by a phased divestiture: Akkodis will initially acquire 51% for USD 77.7 million in cash, with the remaining 49% to be transferred after two years for USD 76 million plus up to USD 52.6 million in performance-linked contingent payments. The business being sold contributed 31% of the company's consolidated revenue in fiscal 2025. Proceeds are intended for technology and capability-led acquisitions, manufacturing infrastructure for the company's core aerospace, defence and ESAI businesses, and strengthening the balance sheet. Closing of the first tranche is expected within five to six months.

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** Shares of Axiscades Technologies AXIT.NS jumped 5% to hit upper circuit limit of 1967.4 rupees

** Engineering and R&D services firm divests program for aerospace engineering services business for $152.4 million

** Akkodis, a Switzerland-based digital engineering consulting co to acquire 51% controlling interest in Axiscades's aerospace engineering services segment

** Stock up ~7% this week, set to snap four straight sessions of losses

** YTD, AXIT up ~49%

(Reporting by Anuran Sadhu in Bengaluru)

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May 27 (Reuters) - Axiscades Technologies Ltd AXIT.NS:

• AXISCADES TECHNOLOGIES LTD - SUBSIDIARY SECURES ORDER WORTH 69 MILLION RUPEES

Source text: ID:nBSE8lQK81

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March 16 (Reuters) - Axiscades Technologies Ltd AXIT.NS:

• AXISCADES TECHNOLOGIES - APPROVES ACQUISITION OF REMAINING 24% STAKE IN CADES STUDEC TECHNOLOGIES

• AXISCADES TECHNOLOGIES - $1.5 MILLION FOR ACQUIRING 24% STAKE IN CSTI

Source text: ID:nBSE9qh0fh

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Feb 23 (Reuters) - Axiscades Technologies Ltd AXIT.NS:

• UNIT RECEIVES 250 MILLION RUPEES ORDER FOR LCA MK1A PROGRAM

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Feb 9 (Reuters) - Axiscades Technologies Ltd AXIT.NS:

• AXISCADES TECHNOLOGIES LTD - UNIT MISTRAL SOLUTIONS RECEIVES ORDER FOR MISSION COMPUTER AND DISPLAY UNIT

• AXISCADES TECHNOLOGIES LTD - ORDER AWARDED BY HINDUSTAN AERONAUTICS LIMITED

• AXISCADES TECHNOLOGIES LTD - ORDER SIZE AROUND 800 MILLION RUPEES

Source text: ID:nBSE1NrY4G

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Feb 4 (Reuters) - Axiscades Technologies Ltd AXIT.NS:

• AXISCADES TECHNOLOGIES LTD - UNIT RECEIVES CONTRACTS FOR DESIGN AND PRODUCTION

• AXISCADES TECHNOLOGIES LTD - CONTRACTS VALUED AROUND $1.4 MILLION

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Jan 27 (Reuters) - Axiscades Technologies Ltd AXIT.NS:

• AXISCADES TECHNOLOGIES LTD - SIGNS STRATEGIC PARTNERSHIP WITH OGMA

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Jan 23 (Reuters) - Axiscades Technologies Ltd AXIT.NS:

• MISTRAL SOLUTIONS RECEIVES CONTRACT FOR $ 1 MILLION

Source text: ID:nBSEG4dG5

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Jan 8 (Reuters) - Axiscades Technologies Ltd AXIT.NS:

• COURT QUASHES TAX NOTICE RECEIVED BY UNIT

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Sept 4 (Reuters) - Axiscades Technologies Ltd AXIT.NS:

• AXISCADES TECHNOLOGIES LTD - GOT CONTRACT VALUED AT ABOUT $1 MILLION USD

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** Shares of Axiscades Technologies AXIT.NS climb the exchange-allowed maximum of 5% to 1,337.70 rupees

** Engineering and R&D services firm wins two new orders in aircraft cabin interiors design and development from two global leaders, without mentioning their names

** Bags pilot orders worth $1.2 million from aerospace manufacturer and aircraft cabin interior firm

** AXIT doubles YTD

(Reporting by Urvi Dugar)

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** Shares of Axiscades Technologies AXIT.NS rise 2.8% to 1,281 rupees

** ** Engineering and R&D co gets order worth 1.50 billion rupees ($17.14 mln) from DRDO, Ministry of Defence

** Order includes 600 SU-30MKI upgrades

** Stock up 102% YTD

($1 = 87.5060 Indian rupees)

(Reporting by Rudra Pratap Singh in Bengaluru)

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** Axiscades Technologies AXIT.NS rises 3.7% to 1,329 rupees

** Engineering and R&D co gets order worth 2.24 bln rupees ($25.7 mln) from Indian Army

** Order includes supply of 212 tank transporter trailers over two years

** AXIT gains 110% YTD

($1 = 87.1700 Indian rupees)

(Reporting by Rudra Pratap Singh in Bengaluru)

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** Shares of AXISCADES Technologies AXIT.NS rise 2.9% to 1,380.30 rupees

** AXIT to expand on-going cooperation with Europe-based missiles maker MBDA

** AXISCADES to set up a new facility for work executed for MBDA at its new premises coming up at Aerospace Park in Bengaluru

** Premises to host a test bench laboratory, missile launcher set-up, equipment, instruments, stores, and tools

** Stock set to gain for fifth straight session

** Trading vols at 316,546 shares, over 2x the 30-day average

** AXIT more than doubled YTD

(Reporting by Vijay Malkar)

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June 18 (Reuters) - Axiscades Technologies Ltd AXIT.NS:

• AXISCADES TECHNOLOGIES LTD - MBDA AND AXISCADES TO EXPAND STRATEGIC COOPERATION

• AXISCADES TECHNOLOGIES LTD - MBDA AND AXISCADES HAVE DECIDED TO EXPAND THEIR DOMAINS OF COOPERATION

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** Shares of India's Axiscades Technologies AXIT.NS up 5% to 1278 rupees

** Co, which provides engineering and R&D services, along with Spanish defence firm Indra sign pact for manufacturing of Indra's products in India

** Indra to acquire defence-related products and services from AXIT; both cos exploring joint product development for Indian, global markets - statement

** YTD AXIT has surged 102%

(Reporting by Hritam Mukherjee in Bengaluru)

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March 6 (Reuters) - Axiscades Technologies Ltd AXIT.NS:

• SUBSIDIARY MISTRAL AND ALTERA FORGE STRATEGIC ALLIANCE

• PARTNERSHIP FOR HIGH-PERFORMANCE AEROSPACE AND DEFENSE COMPUTING

• MISTRAL UNVEILS SOSA-ALIGNED 3U VPX PROCESSING ENGINES

Source text: ID:nBSE1s2PXJ

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Jan 28 (Reuters) - Axiscades Technologies Ltd AXIT.NS:

• AXISCADES TECHNOLOGIES LTD - NAMES SAMPATH RAVINARAYANAN AS CHAIRMAN

Source text: ID:nBSE7VQfch

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Jan 15 (Reuters) - Axiscades Technologies Ltd AXIT.NS:

• AXISCADES TECHNOLOGIES LTD - APPOINTS ALFONSO MARTINEZ FERNANDEZ AS GROUP CEO AND MD

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Jan 2 (Reuters) - Axiscades Technologies Ltd AXIT.NS:

• AXISCADES TECHNOLOGIES - ARUN KRISHNAMURTHI RESIGNS AS CEO, MD

Source text: ID:nNSE8sKGyq

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Dec 2 (Reuters) - Axiscades Technologies Ltd AXIT.NS:

• ANNOUNCES STRATEGIC RESTRUCTURING OF ITS DEFENCE-FOCUSED UNITS

• RESTRUCTURING PROCESS INITIATED IN Q3 FY2025, SHOULD BE COMPLETED BY Q4FY25

• UNIT ACAT'S OPERATIONS WILL BE INTEGRATED WITH UNIT MISTRAL

Source text: ID:nBSE3QZs68

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