AXISCADES Technologies Limited — Important, 08-01-2026: Disclosure of material issue

AXISCADES Technologies provides an update on an ongoing tax litigation.

**The Issue:** A wholly-owned subsidiary, AXISCADES Aerospace & Technologies Private Limited, faced proceedings from the Income Tax Department for fiscal year 2014-15 regarding the admissibility of a capital loss in its income tax returns.

**Company’s Response & Mitigation:** The company challenged the proceedings. The Hon'ble High Court of Karnataka has now quashed all related notices (original, demand, and penalty notices) issued by the Income Tax Department.

**Possible Impact:** This favorable ruling resolves the tax dispute, effectively removing a potential financial liability and uncertainty for the company. #AXISCADES #TaxLitigation #CourtOrder