Integrated Filing — IndAS



General information about company

Scrip Code 532395
NSE Symbol AXISCADES
MSEI Symbol NOTLISTED
ISIN INE555B01013
Name of company AXISCADES Technologies Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 26-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 21-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Technology Services and Solutions
Start date and time of board meeting 26-May-2025   12:00:00
End date and time of board meeting 26-May-2025   17:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-03-14
Indicate Company website link for updated RPT policy of the Company https://axiscades.com/
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There is no default on Loans and Debt Securities as applicable.



Financial Results Ind-AS

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 1001028000 3979805000
Other income 17377000 141294000
Total income 1018405000 4121099000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 32000 7200000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 622307000 2377719000
(e) Finance costs 72463000 308046000
(f) Depreciation, depletion and amortisation expense 41281000 176020000
(f) Other Expenses
1 Other expenses 253655000 925133000
Total other expenses 253655000 925133000
Total expenses 989738000 3794118000
3 Total profit before exceptional items and tax 28667000 326981000
4 Exceptional items 0 -15229000
5 Total profit before tax 28667000 311752000
6 Tax expense
7 Current tax -73125000 -3803000
8 Deferred tax -88431000 -90386000
9 Total tax expenses -161556000 -94189000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 190223000 405941000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 190223000 405941000
17 Other comprehensive income net of taxes -11667000 -24617000
18 Total Comprehensive Income for the period 178556000 381324000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 212641000 212641000
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve 3711838000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 4.48 9.62
Diluted earnings (loss) per share from continuing operations 4.43 9.33
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 4.48 9.62
Diluted earnings (loss) per share from continuing and discontinued operations 4.43 9.33
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 188794000
Capital work-in-progress 0
Investment property 168154000
Goodwill 0
Other intangible assets 28600000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 4161770000
Trade receivables, non-current 0
Loans, non-current 20800000
Other non-current financial assets 93303000
Total non-current financial assets 4275873000
Deferred tax assets (net) 179228000
Other non-current assets 112073000
Total non-current assets 4952722000
2 Current assets
Inventories 0
Current financial asset
Current investments 0
Trade receivables, current 771821000
Cash and cash equivalents 112008000
Bank balance other than cash and cash equivalents 287477000
Loans, current 7500000
Other current financial assets 498746000
Total current financial assets 1677552000
Current tax assets (net) 0
Other current assets 263059000
Total current assets 1940611000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 6893333000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 212641000
Other equity 3711838000
Total equity attributable to owners of parent 3924479000
Non controlling interest
Total equity 3924479000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 1492057000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 191581000
Total non-current financial liabilities 1683638000
Provisions, non-current 100356000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 1783994000
Current liabilities
Current financial liabilities
Borrowings, current 551154000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 12179000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 231790000
Total Trade payable 243969000
Other current financial liabilities 205286000
Total current financial liabilities 1000409000
Other current liabilities 102391000
Provisions, current 73254000
Current tax liabilities (Net) 8806000
Deferred government grants, Current 0
Total current liabilities 1184860000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 2968854000
Total equity and liabilites 6893333000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement gains/(losses) on defined benefit plans -1488000 -12522000
Total Amount of items that will not be reclassified to profit and loss -1488000 -12522000
2 Income tax relating to items that will not be reclassified to profit or loss -82000 -3152000
3 Amount of items that will be reclassified to profit and loss
1 (Losses)/ gains on cash flow hedges -13467000 -20375000
Total Amount of items that will be reclassified to profit and loss -13467000 -20375000
4 Income tax relating to items that will be reclassified to profit or loss -3206000 -5128000
5 Total Other comprehensive income -11667000 -24617000



Cash flow statement, indirect

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 311752000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 308046000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current -65300000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 0
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current -77938000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 33678000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 176020000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 8104000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 22593000
Adjustments for dividend income 0
Adjustments for interest income 66271000
Adjustments for share-based payments -131627000
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -38316000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 168989000
Net cash flows from (used in) operations 480741000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 16569000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 464172000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 21226000
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 104387000
Purchase of property, plant and equipment 213944000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 740713000
Purchase of other long-term assets 235634000
Cash advances and loans made to other parties 20650000
Cash receipts from repayment of advances and loans made to other parties 10000000
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 68193000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities 431839000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 33872000
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 640900000
Repayments of borrowings 1277693000
Payments of lease liabilities 119931000
Dividends paid 0
Interest paid 226130000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -948982000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -52971000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents -4374000
Net increase (decrease) in cash and cash equivalents -57345000
Cash and cash equivalents cash flow statement at beginning of period 169353000
Cash and cash equivalents cash flow statement at end of period 112008000





Details of Impact of Audit Qualification

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 S.R. Batliboi & Associates LLP Yes 31-Jul-2027


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)

Mode of Fund Raising QIP
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 15-Jan-2024
Amount Raised 219999944400000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Applicable
Monitoring Agency Name, if applicable CRISIL Ratings Limited
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review
Comments of the auditors, if any
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any


Signatory Details

Name of signatory Sonal Dudani
Designation of person Company Secretary and Compliance Officer
Place Bengaluru
Date 26-May-2025




Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 AXISCADES Technologies Limited Mr. Arun Krishnamurthi Key Management personnel Remuneration 0 NA 46901000 2813000 0
2 AXISCADES Technologies Limited Mr. Alfonso Martinez Key Management personnel Remuneration 0 NA 9413000 0 9413000
3 AXISCADES Technologies Limited Mr.Shashidhar SK Key management personnel Remuneration 0 NA -24687000 8063000 2633000
4 AXISCADES Technologies Limited Mrs. Sonal Dudani Key management personnel Remuneration 0 NA 1238000 75000 119000
5 AXISCADES Technologies Limited Mr. Venkataraman Venkitachalam Non - Executive Director Any other transaction Sitting fee & Commission 0 NA 1409000 0 609000
6 AXISCADES Technologies Limited Mr. Dhiraj Mathur Independent Director Any other transaction Sitting fee & Commission 0 NA 285000 0 285000
7 AXISCADES Technologies Limited Mr. Desh Raj Dogra Independent Director Any other transaction Sitting fee & Commission 0 NA 285000 0 285000
8 AXISCADES Technologies Limited Mrs. Mariam Mathew Independent Director Any other transaction Sitting fee & Commission 0 NA 1259000 0 609000
9 AXISCADES Technologies Limited Mr. David Abikzir Non - Executive Director Any other transaction Sitting fee & Commission 0 NA 1059000 0 609000
10 AXISCADES Technologies Limited Mr. S Christopher Non - Executive Director Any other transaction Sitting fee & Commission 0 NA 516000 0 416000
11 AXISCADES Technologies Limited Mr. Tanmoy Chakrabarty Independent Director Any other transaction Sitting fee & Commission 0 NA 1437000 0 437000
12 AXISCADES Technologies Limited Mr. Rajendra Chandrakant Rao Moholkar Independent Director Any other transaction Sitting fee & Commission 0 NA 519000 0 219000
13 AXISCADES Technologies Limited Mr. Codanda Poovaiah Cariappa Independent Director Any other transaction Sitting fee & Commission 0 NA 1074000 0 324000
14 AXISCADES Technologies Limited Mr. Abidali Neemuchwala Chairman and Non - Executive Director Any other transaction Sitting fee & Commission 0 NA 701000 0 501000
15 AXISCADES Technologies Limited AXISCADES Inc. Wholly Owned Subsidiary Sale of goods or services 250000000 NA 127956000 28935000 88294000
16 AXISCADES Technologies Limited AXISCADES UK Limited Step down subsidiary Sale of goods or services 120000000 NA 23767000 22170000 16362000
17 AXISCADES Technologies Limited AXISCADES Technology Canada Inc. Wholly Owned Subsidiary Sale of goods or services 200000000 NA 89935000 55761000 40453000
18 AXISCADES Technologies Limited AXISCADES GmbH Wholly Owned Subsidiary Sale of goods or services 60000000 NA 20890000 15659000 20556000
19 AXISCADES Technologies Limited Add solution GmbH Step down subsidiary Sale of goods or services 50000000 NA 271000 654000 921000
20 AXISCADES Technologies Limited Axis Mechanical Engineering Design (Wuxi) Co., Ltd. Wholly Owned Subsidiary Sale of goods or services 10000000 NA 0 21089000 15651000
21 AXISCADES Technologies Limited AXISCADES Inc. Wholly Owned Subsidiary Any other transaction Expenses Cross Charged to 40000000 NA 8598000 9295000 10848000
22 AXISCADES Technologies Limited AXISCADES UK Limited Step down subsidiary Any other transaction Expenses Cross Charged to 49700000 NA 1508000 1219000 655000
23 AXISCADES Technologies Limited AXISCADES Technology Canada Inc. Wholly Owned Subsidiary Any other transaction Expenses Cross Charged to 12500000 NA 3539000 3407000 1965000
24 AXISCADES Technologies Limited AXISCADES Aerospace & Technologies Private Limited Wholly Owned Subsidiary Any other transaction Expenses Cross Charged to 41700000 NA 10831000 8578000 20167000
25 AXISCADES Technologies Limited Epcogen Private Limited Subsidiary Any other transaction Expenses Cross Charged to 3000000 NA 5589000 912000 6501000
26 AXISCADES Technologies Limited AXISCADES Inc. Wholly Owned Subsidiary Any other transaction Software subscription cross charge 10000000 NA 2815000 2094000 1527000
27 AXISCADES Technologies Limited AXISCADES Aerospace & Technologies Private Limited Wholly Owned Subsidiary Any other transaction Salaries, wages and bonus charged by 15700000 NA 156000 15636000 15636000
28 AXISCADES Technologies Limited AXISCADES UK Limited Step down subsidiary Any other transaction Inter Co Proffessional expenses 235300000 NA 107317000 53844000 90414000
29 AXISCADES Technologies Limited Cades Studec Technologies (India) Private Limited Subsidiary Any other transaction Inter Co Proffessional expenses 15000000 NA 3894000 2063000 3108000
30 AXISCADES Technologies Limited Epcogen Private Limited Subsidiary Any other transaction Inter Co Proffessional expenses 20000000 NA 847000 1027000 0
31 AXISCADES Technologies Limited Axis Mechanical Engineering Design (Wuxi) Co., Ltd. Wholly Owned Subsidiary Any other transaction Inter Co Proffessional expenses 10000000 NA 7374000 2840000 0
32 AXISCADES Technologies Limited Epcogen Private Limited Subsidiary Inter-corporate deposit 30000000 NA 5000000 20000000 25000000 Inter-corporate deposit 0.115 11-02-2026 Unsecured For working capital
33 AXISCADES Technologies Limited Explosoft Tech Solutions Private Limited Wholly Owned Subsidiary Inter-corporate deposit 2500000 NA 550000 2750000 3300000 Inter-corporate deposit 0.1 05-01-2026 Unsecured For working capital
34 AXISCADES Technologies Limited AXISCADES Aerospace & Technologies Private Limited Wholly Owned Subsidiary Inter-corporate deposit 50000000 NA -50000000 0 0 Inter-corporate deposit 0.09 Repaid Unsecured For working capital
35 AXISCADES Technologies Limited Epcogen Private Limited Subsidiary Interest received 3770000 NA 1221000 1480000 2701000
36 AXISCADES Technologies Limited Explosoft Tech Solutions Private Limited Wholly Owned Subsidiary Interest received 500000 NA 152000 274000 427000
37 AXISCADES Technologies Limited Cades Studec Technologies (India) Private Limited Subsidiary Interest paid 10025000 NA 3683000 8547000 6184000
38 AXISCADES Technologies Limited Mistral Technologies Private Limited Step down subsidiary Interest paid 17187000 NA 1720000 2569000 4117000
39 AXISCADES Technologies Limited Mistral Solutions Private Limited Subsidiary Interest paid 42000000 NA 18350000 34804000 51319000
40 AXISCADES Technologies Limited AXISCADES Aerospace & Technologies Private Limited Wholly Owned Subsidiary Interest paid 6000000 NA 0 0 0
41 AXISCADES Technologies Limited Mistral Technologies Private Limited Step down subsidiary Inter-corporate deposit 50000000 NA 0 30000000 30000000 Inter-corporate deposit 0.115 03-12-2026 Unsecured For Working Capital
42 AXISCADES Technologies Limited Cades Studec Technologies (India) Private Limited Subsidiary Inter-corporate deposit 40000000 NA -40000000 40000000 0 Inter-corporate deposit 0.11 Repaid Unsecured For Working Capital
43 AXISCADES Technologies Limited Cades Studec Technologies (India) Private Limited Subsidiary Inter-corporate deposit 25000000 NA -25000000 25000000 0 Inter-corporate deposit 0.11 Repaid Unsecured For Working Capital
44 AXISCADES Technologies Limited Cades Studec Technologies (India) Private Limited Subsidiary Inter-corporate deposit 50000000 NA 0 50000000 50000000 Inter-corporate deposit 0.11 30-10-2026 Unsecured For Working Capital
45 AXISCADES Technologies Limited Mistral Solutions Private Limited Subsidiary Inter-corporate deposit 350000000 NA 0 320000000 320000000 Inter-corporate deposit 0.115 03-12-2026 Unsecured For Working Capital
46 AXISCADES Technologies Limited Explosoft Tech Solutions Private Limited Wholly Owned Subsidiary Any other transaction Purchase consideration 50000000 NA 11470000 659149000 0 Inter-corporate deposit 0.13 Repaid Unsecured Purchase Consideration Payable
47 Mistral Technologies Private Limited AXISCADES Aerospace & Technologies Private Limited Fellow Subsidiary Interest received 4500000 NA 2244000 1021000 999000
48 Mistral Technologies Private Limited AXISCADES Aerospace & Technologies Private Limited Fellow Subsidiary Inter-corporate deposit 50000000 NA 0 50000000 50000000 Inter-corporate deposit 0.09 02-02-2026 Unsecured For working capital
49 Mistral Solutions Private Limited Cades Studec Technologies (India) Private Limited Fellow Subsidiary Purchase of goods or services 1500000 NA 515000 383000 86000
50 AXISCADES Aerospace & Technologies Private Limited AXISCADES Aerospace Infrastructure Private Limited Wholly Owned Subsidiary Interest received 8989000 NA 6128000 23034000 28719000
51 AXISCADES Aerospace & Technologies Private Limited AXISCADES Aerospace Infrastructure Private Limited Wholly Owned Subsidiary Inter-corporate deposit 130000000 NA 29450000 110838000 140288000 Inter-corporate deposit 0.09 payable on demand Unsecured For Working Capital
52 AXISCADES Aerospace & Technologies Private Limited Cades Studec Technologies (India) Private Limited Fellow Subsidiary Interest received 3500000 NA 1094000 1710000 0
53 AXISCADES Aerospace & Technologies Private Limited Cades Studec Technologies (India) Private Limited Fellow Subsidiary Inter-corporate deposit 31000000 NA -31000000 31000000 0 Inter-corporate deposit 0.08 Repaid Unsecured For Working Capital
54 AXISCADES Aerospace & Technologies Private Limited Enertec Controls Limited Wholly Owned Subsidiary Any other transaction Trade Payable 0 NA 0 33152000 34264000
55 AXISCADES Aerospace & Technologies Private Limited Enertec Controls Limited Wholly Owned Subsidiary Any other transaction Security Deposit 0 NA 2380000 49599000 51979000
56 AXISCADES Inc. AXISCADES GmbH Fellow Subsidiary Inter-corporate deposit 209492000 NA 0 195681000 166605000 Inter-corporate deposit 0.074 09-08-2027 Unsecured For Acquisition of Subsidiary
57 AXISCADES Technology Canada Inc. AXISCADES GmbH Fellow Subsidiary Inter-corporate deposit 186171000 NA 50558000 269438000 233674000 Inter-corporate deposit 0.074 08-08-2026 Unsecured For Acquisition of Subsidiary
58 AXISCADES Inc. AXISCADES GmbH Fellow Subsidiary Interest received 12570000 NA 6130000 17068000 20654000
59 AXISCADES Technology Canada Inc. AXISCADES GmbH Fellow Subsidiary Interest received 16674000 NA 8648000 18779000 24530000
60 AXISCADES Technology Canada Inc. Add Solution GmbH Fellow Subsidiary Inter-corporate deposit 61126000 NA 48507000 12620000 60661000 Inter-corporate deposit 0.0685 12-06-2027 Unsecured working capital
61 AXISCADES Technology Canada Inc. Add Solution GmbH Fellow Subsidiary Interest received 3433000 NA 634000 250000 882000
62 AXISCADES Technology Canada Inc. AXISCADES Aerospace & Technologies Private Limited Fellow subsidiary Any other transaction Salary Cross charge 6206000 NA 0 7525000 7222000
63 AXISCADES Inc. Mr.Ajay Sarin Former CEO Remuneration 0 NA 7106000 16759000 10915000
64 AXISCADES Inc. Mr. Sriram Jayakrishna President Remuneration 0 NA 7009000 384000 2589000
65 AXISCADES Inc. Mr. Abidali Neemuchwala Chairman and Non - Executive Director of Axiscades Technologies Limited Any other transaction Professional Services 0 NA 16910000 8380000 4272000
66 Mistral Solutions Private Limited Mrs. Anuradha Independent Director Any other transaction Sitting fee 0 NA 0 0 0
67 Mistral Solutions Private Limited Mrs. Mariam Mathew Independent Director Any other transaction Sitting fee 0 NA 0 100000 0
68 Mistral Solutions Private Limited Mr. Tanmoy Chakrabarty Independent Director Any other transaction Sitting fee 0 NA 550000 100000 0
69 AXISCADES Aerospace & Technologies Private Limited Mr. Desh Raj Dogra Independent Director Any other transaction Sitting fee 0 NA 0 0 0
70 AXISCADES Aerospace & Technologies Private Limited Mrs. Mariam Mathew Independent Director Any other transaction Sitting fee 0 NA 0 0 0
71 AXISCADES Inc. Mrs. Mariam Mathew Independent Director Any other transaction Sitting fee 0 NA 100000 0 0
72 AXISCADES Aerospace Infrastructure Private Limited Mr. Dhiraj Mathur Independent Director Any other transaction Sitting fee 0 NA 0 0 0
73 AXISCADES Technologies Limited Dr. Sampath Ravinarayanan Chairman and Non - Executive Director Any other transaction Sitting fee & Commission 0 NA 585000 0 285000
74 Mistral Solutions Private Limited AXISCADES Aerospace & Technologies Private Limited Fellow Subsidiary Inter-corporate deposit 50000000 NA 31000000 0 31000000 Inter-corporate deposit 0.1075 20-01-2028 Unsecured For working capital
75 Mistral Solutions Private Limited AXISCADES Aerospace & Technologies Private Limited Fellow Subsidiary Interest received 50000000 NA 621000 0 558000
76 AXISCADES Technology Canada Inc. AXISCADES UK Limited Fellow subsidiary Interest received 0 NA 13000 0 0
77 Mistral Solutions Private Limited Mr. Codanda Poovaiah Cariappa Independent Director Any other transaction Sitting fee 0 NA 600000 0 0
78 Mistral Solutions Private Limited Mr. Venkataraman Venkitachalam Non Executive director Any other transaction Sitting fee 0 NA 250000 0 0
79 Mistral Solutions Private Limited Dr. Sampath Ravinarayanan Non Executive director Any other transaction Sitting fee 0 NA 100000 0 0
80 AXISCADES Aerospace Infrastructure Private Limited Mr. Tanmoy Chakrabarty Independent Director Any other transaction Sitting fee 0 NA 100000 0 0
81 AXISCADES Aerospace & Technologies Private Limited Mr. Tanmoy Chakrabarty Independent Director Any other transaction Sitting fee 0 NA 150000 0 50000
82 AXISCADES Technologies Limited Mistral Solutions Private Limited Subsidiary Any other transaction Expenses Cross Charged to 10500000 NA 4412000 0 5206000
Total value of transaction during the reporting period 578636000