Axis Solutions Ltd — Updates, 07-08-2025: Company Update
07-08-2025 | 07:12 pm
07-08-2025 | 07:12 pm
Axis Solutions' Board has approved the financial results for the quarter. The company also approved relocating its registered office. A key strategic move is the planned 100% acquisition of Axis Solutions FZE, UAE, for a cash consideration between Rs. 0.3 Cr and Rs. 1 Cr. This acquisition, a related party transaction, is set to significantly expand the company's international presence, particularly in the UAE. It aims to boost global operations and customer base in industrial plant equipment, oilfield, and power generation trading. Axis Solutions FZE reported a turnover of AED 7,04,080/- in FY2024-25.
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