Axis-IT&T receives approval for establishment of 100% subsidiary in China

Axiscades Technologies Ltd. | Aerospace & Defense | Capital Goods & Industrial Consumables | BSE: 532395 | NSE: AXISCADES

29 May 2012 Evaluate

Axis-IT&T has received its board approval for establishment of a 100% subsidiary in China, a company to explore and pursue the business opportunities. The company’s board gave their approval at its meeting held on May 28, 2012.

Axis-IT&T, formerly known as Axis Inc, offers comprehensive engineering services in mechanical, manufacturing and embedded electronics engineering. The company's clients include several Fortune 50 companies in the aerospace, aviation, automotive, manufacturing, military, semiconductor and medical industries.

Peers

Company Name	CMP
Hindustan Aeronaut.	4739.00
Bharat Electronics	386.00
Aequs	259.95
Astra Microwave Prod	1590.15
Axiscades Tech.	1884.40
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