Abakkus Mutual Fund bought 1,87,807 shares of AXISCADES Technologies Limited for ₹34.26 Cr at ₹1,824.00 apiece in a block deal.
A technology solutions company specializing in engineering services for the aerospace and defense sectors. Axiscades provides design, simulation, digital transformation, and lifecycle support solutions to global clients across aviation, space, and defense industries. The company distinguishes itself through deep technical expertise in complex engineering challenges, collaborative partnerships with leading international organizations, and a commitment to leveraging advanced technologies for innovative product development and sustained customer support.
AMC arm of Abakkus Asset Manager, founded by Sunil Singhania, former CIO of Reliance Mutual Fund who oversaw the equity book when it was India's largest. Launched its maiden Flexi Cap Fund in December 2025, raising Rs 2,468 crore in the NFO alone, and crossed Rs 5,000 crore within months. The MF licence brings Sunil Singhania's quality small and midcap compounding philosophy to all retail investors.
