Axiscades Technologies has received approval for raising of funds through issuance of Unrated, Unlisted, Secured, Redeemable, Non-Convertible Debentures (NCDs) aggregating upto Rs 200 crore on a private placement basis.
The proceeds of the issue will be utilized towards the acquisition of Cloud Wave Technologies, a Bengaluru-based Company which operates in the precision engineering and manufacturing industry, and for financing related transaction expenses. The Board of Directors of the company in its meeting held on September 05, 2026 has 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.
