AXISCADES incorporates aerospace subsidiary with Akkodis

Marquee Jv AnnouncedStrategic Transactions View source PDF Explain this filing

AXISCADES · price

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AI summary

AXISCADES Technologies has incorporated a new subsidiary, AKKODIS AXISCADES AEROSPACE ENGINEERING PRIVATE LIMITED, in India on September 22, 2026. The subsidiary will offer engineering, design, technical, consulting and technology services to aerospace, aviation and allied sectors. AXISCADES holds a 99.9999 percent stake, subscribing to 4,899 shares of Rs 10 each, totaling about Rs 49,000, out of an authorized capital of Rs 15 lakhs. The move follows an earlier intimation dated June 12, 2026.

Likely market impact

Partnership with global player Akkodis strengthens aerospace vertical. Small initial investment but strategic move to scale aerospace engineering services.