AXISCADES Technologies Incorporates Subsidiary AKKODIS AXISCADES AEROSPACE ENGINEERING PRIVATE LIMITED
AXISCADES Technologies Limited incorporated a new subsidiary, AKKODIS AXISCADES AEROSPACE ENGINEERING PRIVATE LIMITED, on September 22, 2026. The subsidiary will provide aerospace engineering services. AXISCADES will hold 99.9999% of the subsidiary's share capital.
The incorporation of a subsidiary with a small initial shareholding is unlikely to have a significant immediate impact on the company's overall financial performance.
The incorporation of a subsidiary is a routine corporate action and does not inherently signal positive or negative financial performance.
AXISCADES Technologies Limited has announced the incorporation of a new subsidiary, AKKODIS AXISCADES AEROSPACE ENGINEERING PRIVATE LIMITED (AAAEPL), in India. The incorporation took place on September 22, 2026.
AAAEPL will operate in the aerospace industry, providing engineering, design, technical, consulting, and technology services. The subsidiary has an authorized share capital of ₹15,00,000, divided into 1,50,000 equity shares of ₹10 each. AXISCADES Technologies Limited has subscribed to 4,899 equity shares, amounting to ₹48,990, and will hold 99.9999% of the share capital in AAAEPL, making it a subsidiary.
This move follows a previous intimation dated June 12, 2026. The company has complied with the disclosure requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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AXISCADES Technologies Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by AXISCADES Technologies Limited. Read the original for the full detail.