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Board approved up to Rs 200 Cr of secured, unlisted NCDs via private placement to fund Cloud Wave acquisition and related expenses; coupon 12.5% p.a. Introduces debt-funded acquisition financing, shifting from the planned divestment-proceeds-led M&A approach without equity dilution. NCDs mature within 60 months, with repayments from month six and broad asset and share security; investor terms and final allotment remain undisclosed.
AXISCADES Board To Consider ₹200 Crore Secured NCD Fund Raise
AXISCADES Approves ₹234 Crore Acquisition Of Cloud Wave Manufacturing Company
Axiscades Technologies Promoter Jupiter Capital Sells 10 Lakh Shares, Stake Falls to 50.15%
Axiscades Technologies Sells Aerospace Engineering Unit for USD 206 Million