AXISCADES Technologies (AXISCADES) — Announcement

📢 Key Event
AXISCADES finalizes land acquisition for defence manufacturing unit in Telangana.

💡 Investor Takeaway
This acquisition secures land for a new defence hardware manufacturing unit, positioning AXISCADES for growth in a high-value sector.

AXISCADES announced completion of its acquisition of 32,847 sq mts of land in Telangana's IP Hardware Park Phase II, purchased for Rs 39.41.64 crore, enabling a dedicated manufacturing facility for defence hardware manufacturing unit setup, marking a strategic expansion into defence hardware production.

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About AXISCADES Technologies Limited (AXISCADES)

Capital Goods · Aerospace & Defense · Listed on NSE

Market Cap: ₹8,751.35 Cr P/E: 163.2

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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