Astra Microwave Products Limited announced that its wholly-owned subsidiary, Astra Space Technologies Private Limited, has received approval from the Registrar of Companies to convert into a public limited company. Effective August 19, 2026, the subsidiary’s name has been changed to Astra Space Technologies Limited (ASTL). This conversion does not alter Astra Microwave Products Limited’s shareholding in ASTL, which remains its wholly-owned subsidiary.
Subsidiary Conversion Approved
Astra Microwave Products Limited has disclosed a significant corporate restructuring event involving one of its key subsidiaries. The company’s wholly-owned subsidiary, formerly known as Astra Space Technologies Private Limited, has successfully obtained approval from the Registrar of Companies, Ministry of Corporate Affairs, to transition from a private limited entity to a public limited company. This regulatory approval marks a key step in the subsidiary’s evolution.
Name Change and Structure Maintained
Following the approval for conversion, the name of the subsidiary has been officially changed to Astra Space Technologies Limited (ASTL), effective from August 19, 2026. It is important to note that this conversion does not result in any change in the shareholding structure. Astra Microwave Products Limited continues to hold 100% ownership of ASTL, confirming its status as a wholly-owned subsidiary.
Source: BSE
