17 Sep 2026
Deal: Trilegal advised AXISCADES Technologies on its acquisition of 90% stake in Cloud Wave Technologies and its subsidiaries
18 Sep 2026
18 Sep 2026
Trilegal advised AXISCADES Technologies Limited (“AXISCADES”) on its acquisition of 90% of the shareholding in Cloud Wave Technologies Private Limited (“Cloud Wave”) and its wholly owned subsidiaries, Aureate Polyment Private Limited (“Aureate”) and Protohubs System Solutions Private Limited (“Protohubs”).
The acquisition is a strategic step in AXISCADES’ stated growth plan to transition from an engineering-services-led business model toward aerospace manufacturing, with the objective of building owned manufacturing capability and capacity to complement its existing Aerospace, Defence and Electronics/ Semiconductor offerings. Trilegal conducted legal due diligence on Cloud Wave and its wholly owned subsidiaries, Aureate and Protohubs, and negotiated and drafted the share purchase agreement, shareholders’ agreement, and other ancillary transaction documents.
The Trilegal Corporate Team advising on this matter was led by Partner: Rahil Pereira; and supported by Counsel: Aishwaria Ramanan; Senior Associate: Mohammed Khalfan; and Associates: Shourya Pratap Singh Tomar, Gayatri Puthran, Dia Shetty, Shloka Prashant Rao, Krithika Bhandari, Ishika Kansal, Saif Ali and Harsh Mittal.
The Trilegal Regulatory Team advising on this matter was led by Partner: Sumi Saikia; and supported by Senior Associate: Sidhant Kapoor; and Associate: Purboday Patitunda.
The Trilegal Trade Law Team advising on this matter was led by Partner: Himanshu Sinha; and supported by Counsel: Samyak Jain; Senior Associate: Ishabh Verma; and Associate: Monarch Mittal.
The Trilegal Employment Team advising on this matter was led by Partner: Parvathy Tharamel; and supported by Senior Associate: Harshita Arora; and Associate: Shreya Sharma.
The Trilegal Competition Law Team advising on this matter was led by Partner: Gauri Chhabra; and supported by Senior Associate: Eesha Sheth; and Associate: Shreya Chaudhary.
About Trilegal
Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. Operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country, with offices across Mumbai, Delhi, Gurugram, Bengaluru, Chennai, Pune, and GIFT City.
Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Law Firm of the Year at the ET Global Legal Awards 2026, Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, and M&A Firm of the Year by IFLR Asia-Pacific in 2024.
For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com.
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