Subsidiary Incorporation Details
- Name of Subsidiary: Xponential Space Private Limited
- Date of Incorporation: October 16, 2026
- Country of Incorporation: India
- Holding Company: AXISCADES Technologies Limited
- Relationship: Wholly-owned Subsidiary (100% ownership)
Business Operations
The subsidiary will operate in the Space Technology and Aerospace Industry with the following business activities:
- Design, development, manufacturing and operation of satellites, payloads and allied space systems
- Provision of space technology solutions and services including satellite communication, earth observation, navigation
- Launch support, mission management and space data analytics
- Research and development activities
- Space infrastructure development
Financial Details
- Share Subscription: 100% subscription to share capital in cash
- Share Structure: 10,000 equity shares of ₹10 each
- Total Investment: ₹100,000
- Ownership Percentage: 100% by AXISCADES Technologies Limited
Regulatory Approvals
- Governmental or regulatory approvals required: Not Applicable
Compliance References
- 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
- Regulation 30 of SEBI Listing Regulations