AXISCADES Incorporates Aerospace Engineering Subsidiary

Subsidiary Incorporation Details

AXISCADES Technologies Limited incorporated a new subsidiary named AKKODIS AXISCADES AEROSPACE ENGINEERING PRIVATE LIMITED (AAAEPL) on September 22, 2026 in India.

Subsidiary Business Operations

The newly incorporated subsidiary will engage in providing engineering, design, technical, consulting and technology services to aerospace, aviation and allied industries.

Capital Structure and Investment Details

• Authorized Share Capital: ₹15,00,000 (Rupees Fifteen Lakhs only)
• Share Division: 1,50,000 equity shares of ₹10 each
• AXISCADES Subscription: 4,899 equity shares of ₹10 each
• Total Investment Value: ₹48,990
• Shareholding Percentage: 99.9999% ownership by AXISCADES Technologies Limited

Regulatory Approvals

No governmental or regulatory approvals were required for the incorporation of this subsidiary as indicated by "Not Applicable" in the disclosure.

Consideration Type

The investment was made through cash consideration only (no share swap involved).

Corporate Governance

The disclosure was signed by Sonal Dudani, Company Secretary & Compliance Officer of AXISCADES Technologies Limited, on September 22, 2026 at 20:33:38 IST.

Company Identification

AXISCADES Technologies Limited CIN No.: L72200KA1990PLC084435

#Tags: #AXISCADES #SubsidiaryIncorporation #SEBIRegulation30 #AerospaceEngineering #CorporateExpansion #Neutral