AXISCADES Technologies Limited (NSE: AXISCADES, BSE: 532395) has announced a significant win for its subsidiary, Mistral Solutions Private Limited.
The company has successfully bagged a major domestic supply order from Hindustan Aeronautics Limited (HAL), further strengthening its position in the aerospace and defence technology sector.
The contract, valued at approximately Rs. 80 Crores, involves the supply of high-tech Mission Computers and Smart Display Units.
According to the official exchange filing, the execution of this order is slated to take place over multiple years, providing the company with sustained revenue visibility in its specialized technology segments.
This partnership with HAL, a premier domestic entity, highlights the growing capabilities of AXISCADES and its subsidiaries in delivering mission-critical components for the Indian aerospace industry.
No promoters or group companies have any interest in HAL, and the contract does not fall under related party transactions, ensuring a clean “arm’s length” deal for the firm.
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