AXISCADES Technologies Limited has entered into a strategic partnership with OGMA – Indústria Aeronáutica de Portugal, a subsidiary of Embraer, marking a significant expansion in the company's aerospace and defence capabilities. The partnership, announced on January 27, 2026, focuses on aerospace manufacturing, maintenance, repair, and overhaul (MRO), airframe engineering, and certification services for both commercial and military platforms.

Strategic Partnership Details

The collaboration aligns with AXISCADES' strategy to advance up the aerospace value chain by concentrating on high-value, long-term service activities. Under the strategic agreement, the companies will provide maintenance and support for Embraer and other manufacturers' aircraft fleets in India, including prestigious VVIP and VIP aircraft, AEW&C platforms, and various commercial aircraft.

The partnership combines AXISCADES' expertise in aircraft design, conversion, avionics, radar, electronic warfare, and drone technologies with OGMA's century-long proven capabilities in airframe and engine MRO services.

Infrastructure Development

AXISCADES is currently establishing one of India's largest integrated aerospace and defence manufacturing and MRO hubs near the Bengaluru International Airport. This state-of-the-art facility will feature comprehensive capabilities including:

• Dedicated hangars and speed shops
• Engine shops and welding center of excellence
• Strategic electronics manufacturing facilities
• System integration and certification testing capabilities

Through this partnership, AXISCADES will leverage OGMA's global expertise to strengthen indigenous MRO competencies and build world-class capabilities within India.

Leadership Commentary

Alfonso Martinez, CEO-International at AXISCADES Technologies Ltd, emphasized the significance of the partnership: "This MoU with OGMA is a significant step in AXISCADES' journey to build world-class aerospace and defence MRO and engineering capabilities. By combining OGMA's deep expertise in airframe and engine MRO with our strong engineering, manufacturing, and infrastructure roadmap, we aim to create a robust ecosystem that addresses global market opportunities in high-growth regions such as India, the UAE and MENA, while supporting India's self-reliance objectives."

Paulo Monginho, CEO of OGMA – Indústria Aeronáutica de Portugal, added: "We are pleased to partner with AXISCADES, a company that brings strong and proven capabilities along with a clear vision for aerospace and defence growth. This collaboration allows us to expand our footprint while jointly delivering high-quality, certified MRO and engineering solutions to India & Global Customers."

Company Profiles

AXISCADES Technologies Limited operates as an end-to-end technology, product and solutions provider in the aerospace, defence and ESAI domains. Headquartered in Bangalore with subsidiaries and offices in France, Germany, Denmark, USA, and Canada, the company employs over 3,000 professionals across 17 global locations. The company maintains long-term relationships with Defence Forces, MoD, Defence Labs and PSUs along with global OEMs.

OGMA – Indústria Aeronáutica de Portugal S.A., part of the Embraer Group since its acquisition, combines over 100 years of experience as an aircraft manufacturer and maintenance service provider. The Portuguese government retains 35% of shares while Embraer owns the remaining 65% of the company's share capital. OGMA offers a complete portfolio of services for defense, commercial and executive aviation, as well as aircraft engines, components and engineering services.

AxisCades Engineering Technologies Limited has issued a clarification to BSE Limited regarding the recent surge in trading volume of its shares across exchanges. The response came following a surveillance inquiry from the stock exchange dated January 23, 2026.

Company's Response to BSE Surveillance

The company addressed BSE's letter seeking clarification on the significant increase in share volume through a formal communication signed by Company Secretary and Compliance Officer Sonal Dudani. AxisCades emphasized its commitment to prompt and timely disclosures under regulatory requirements.

Regulatory Compliance Statement

AxisCades stated that it has been making all required disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that to the best of its knowledge, there are no undisclosed events or information that are material or required to be disclosed under the regulations.

The key points from the company's clarification include:

• No material events affecting operations or performance remain undisclosed
• All disclosures have been made in compliance with SEBI Listing Regulations
• The trading volume increase appears to be purely market-driven
• Commitment to prompt disclosure of any unpublished price sensitive information (UPSI)

Market-Driven Volume Increase

The company attributed the observed increase in trading volume to market forces rather than any specific corporate developments. AxisCades reiterated that any future events qualifying as unpublished price sensitive information would be disclosed promptly upon crystallization and approval by competent authorities.

Corporate Information

AxisCades Technologies Limited, formerly known as AxisCades Engineering Technologies Limited, operates under CIN L72200KA1990PLC084435. The company's registered office is located at Block C, Second Floor, Kirloskar Business Park, Bengaluru, Karnataka.

The company maintains its commitment to full regulatory compliance and timely disclosures as required under applicable SEBI regulations, including the SEBI (Prohibition of Insider Trading) Regulations, 2015.