AXISCADES Technologies Limited has informed the Exchange about Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015

AXISCADES Technologies Limited has approved the sale of its Engineering Services business (catering to Heavy Engineering, Automotive, and Energy Industries) to Akkodis India Private Limited, Akkodis UK Limited, and Akkodis Inc. The transaction is structured as a slump sale on a going concern basis across the parent company and three subsidiaries (Epcogen Private Limited, AXISCADES UK Limited, and AXISCADES Inc.). The aggregate consideration is USD 30.63 million — USD 17.42 million payable at closing, USD 5.81 million deferred 12 months, and up to USD 7.4 million as an earnout tied to EBITDA targets by June 2027. The transferring business contributed INR 2,493 million (24%) of the company's turnover and INR 530 million (15%) of net worth for FY2024-25. The transaction requires shareholder approval and regulatory clearances, and is expected to complete within 5 months.