Kautilya

AXISCADES’ Board approved the transaction on 28 August 2026, while the company issued a detailed press release on 30 August. The acquisition values Cloud Wave at an enterprise value of approximately ₹260 crore, subject to finalisation of accounts and adjustments under the definitive agreements. The initial 90% stake will be acquired for cash, with completion targeted by 30 September 2026. AXISCADES may subsequently acquire the remaining 10%, subject to the terms of the agreements.

Shree Refrigerations disclosed the order to the stock exchanges on 29 August 2026. According to the regulatory disclosure, the contract was awarded by the Controller of Procurement, Material Organisation, Mumbai, Indian Navy. The order is valued at ₹3.93 crore excluding GST and is to be completed within 365 days, with delivery scheduled by 28 August 2027. The underlying order is dated 28 August 2026.

Under a Memorandum of Understanding announced on 30 August 2026, Tata Advanced Systems has been selected as the Javelin Joint Venture’s prime Indian partner for prospective in-country co-production of the Javelin All Up Round. The arrangement envisages establishing final assembly and integration capabilities in India while also examining the manufacture of selected missile components within the country.

Avantel disclosed the contract to the stock exchanges on 29 August 2026 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements. The order has been awarded by DRDO under the Ministry of Defence and is classified as a domestic contract. Its total value of ₹117.88 crore includes applicable taxes.

Developed in-house within the Indian Army by Major Rajprasad R.S. of the Corps of Engineers, the robotic platform represents a significant step in the Army’s growing effort to integrate unmanned ground systems into frontline formations. SapperScout 2.0 has been conceived as a modular vehicle rather than a single-purpose robot, allowing different mission payloads to be installed on a common all-terrain chassis.