5323952026-06-135323952026-06-132026-06-135323952026-06-132026-06-13

UnitOrDivisionOrSubsidiaryDomain1

5323952026-06-13

UnitOrDivisionOrSubsidiaryDomain1

5323952026-06-132026-06-13

UnitOrDivisionOrSubsidiaryDomain2

5323952026-06-13

UnitOrDivisionOrSubsidiaryDomain2

iso4217:INRxbrli:pure

532395

AXISCADES Technologies Limited

AXISCADES

NOTLISTED

INE555B01013

New

Sale or disposal of unit(s)/division(s)/subsidiary

true

2026-06-12

15:00:00

2026-06-13

New India Co, subsidiary in India is yet to be incorporated

Subsidiary

New India Co is yet to be incorporated, so these details are not available.

Overseas HoldCo, wholly-owned subsidiary in Switzerland, is yet to be acquired

Subsidiary

Overseas HoldCo is yet to be acquired, so these details are not available.

2026-06-12

2026-11-30

Cash and Shares

The aggregate consideration for the Proposed Transaction is USD 206.30 million, receivable as follows: (i) Tranche 1 - an aggregate cash consideration of USD 77.70 million, receivable at the time of India Fund Infusion and Overseas Fund Infusion, subject to any adjustments as per terms of the Transaction Documents. The Company shall be additionally issued shares in New India Co. for the balance part of the sale of its Transferring Business and said shares shall be transferred in Tranche 2. (ii) Tranche 2 - a payment of USD 76.02 million, post 24 months of the closing of infusion of the funds, along with an additional performance-linked contingent payment up to USD 52.58 million, subject to any adjustments as per the terms of the Transaction Documents.

The divestment of the stake in New India Co. and Overseas HoldCo will be undertaken with Akkodis India Private Limited and Akkodis Group AG.

false

true

The proposed transactions do not form part of any Scheme of Arrangement. The Company shall obtain necessary approvals under Section 180 of the Companies Act, 2013 and Regulation 37A of the LODR Regulations. Further, necessary disclosures required as per Regulation 37A of the Listing Regulations shall be made in the Notice of Postal Ballot for obtaining approval of the shareholders.

true