Company Disclosure
NSE Symbol: AXISCADES
CIN No.: L72200KA1990PLC084435
Transaction Details
Completion Date: July 24, 2026 (disclosure date)
Previous Disclosure Reference: November 12, 2025
Regulatory Reference: SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023, last updated on January 30, 2026
Acquisition Particulars
Property Acquired: Land/plot measuring 32,847 Square Meters
Location: IP Hardware Park Phase II, Mamidipally village of Balapur Mandal, Rangareddy District, Telangana
Seller: Telangana State Industrial Infrastructure Corporation (TSIIC)
Total Consideration: ₹39,41,64,000 (Rupees Thirty-Nine Crore Forty-One Lakh Sixty-Four Thousand)
Purpose of Acquisition
The land acquisition is for setting up a manufacturing unit for "Defence Hardware Manufacturing & Article integration unit (without fuel & explosives)".
Transaction Structure
Parties: AXISCADES Technologies Limited (Buyer) and Telangana State Industrial Infrastructure Corporation (Seller)
Shareholding Relationship: Nil shareholding between parties
Related Party Status: Not related to promoter/promoter group/group companies
Related Party Transaction: Does not fall within related party transactions
Arm's Length Confirmation: Transaction conducted at arm's length (implied by negative response to related party question)
Special Rights and Terms
No special rights such as right to appoint directors, first right to share subscription, or right to restrict any change in capital structure were mentioned in the agreement.
Financial Impact
The transaction involves a cash outflow of ₹39.42 crore for acquisition of land asset. No dilution of share capital or issuance of shares occurred as part of this transaction.
Compliance Officer
Signing Date and Time: July 24, 2026 at 11:16:50 IST
Annexure Details
The disclosure includes complete Annexure-I with all required particulars as mandated by SEBI LODR Regulation 30.