Axiscades Technologies has received approval from board of directors for 100% acquisition of EPCOGEN, a niche solutions provider focused on engineering design and solutions for energy space. Acquisition will be the next steppingstone in energy vertical for the Company. Coat of acquisition is Rs 26.25 crore plus 3 years earnout of Rs 7 crore based on performance ending FY26. The Board of Directors of the company at its meeting held on October 12, 2023 considered and approved the same.
Axiscades Technologies is a holistic technology and engineering solutions provider, with a footprint across the entire product lifecycle management needs of global OEMs and core engineering firms.