AXISCADES Technologies Limited has informed that it has incorporated a new subsidiary namely Akkodis Axiscades Aerospace Engineering Private Limited in India on September 22, 2026. The disclosure was made in continuation of its earlier intimation dated June 12, 2026 under Regulation 30 of SEBI Listing Regulations.
Subsidiary Incorporation Details
Name And Date Of Incorporation
The new subsidiary name is AKKODIS AXISCADES AEROSPACE ENGINEERING PRIVATE LIMITED, AAAEPL. It was incorporated on September 22, 2026 in India. It is a subsidiary of AXISCADES Technologies Limited.
Share Capital And Holding
- Authorised Capital: Rs. 15,00,000 divided into 1,50,000 equity shares of Rs. 10 each.
- Subscription By Listed Entity: AXISCADES Technologies subscribed to 4,899 equity shares of Rs. 10 each aggregating to Rs. 48,990.
- Shareholding: 99.9999% shareholding held by AXISCADES Technologies Limited.
- Consideration: Cash consideration, no governmental approval required.
Business Focus
Aerospace Engineering Services
The new subsidiary will operate in the Aerospace industry. It will provide engineering, design, technical, consulting and technology services to aerospace, aviation and allied industries. This indicates expansion of aerospace engineering capabilities through Akkodis partnership.
Why This Incorporation Matters
- Aerospace Push: Dedicated entity for aerospace engineering suggests focus on high value aviation segment.
- Joint Brand Name: Akkodis name indicates collaboration and potential global technology access.
- Growth Driver: New subsidiary can drive revenue from engineering services in aerospace sector.