Axiscades Technologies Limited (BSE:532395) agreed to acquire Add-Solution Gmbh for €5.5 million on November 9, 2022. Subject to completion of due diligence and all regulatory compliances, if any, both in India and Germany.

Axiscades Technologies Limited (BSE:532395) cancelled the acquisition of add solution GmbH on January 24, 2023. Axiscades Technologies Limited has decided not to go ahead with the said acquisition, as the due diligence was not satisfactory.