ASTRA MICROWAVE PRODUCTS LIMITED has announced a Board of Directors meeting scheduled for Wednesday, June 10, 2026. The primary agenda item is the consideration of a Scheme of Arrangement for a demerger between Astra Microwave Products Limited and Astra Space Technologies Private Limited, as per Sections 230 to 232 of the Companies Act, 2013. This move signifies a significant step in the company’s business restructuring efforts.
Upcoming Board Meeting
ASTRA MICROWAVE PRODUCTS LIMITED is convening a Board of Directors meeting on Wednesday, June 10, 2026. This critical meeting will address several business matters, with a key focus on a proposed Scheme of Arrangement.
Scheme of Arrangement for Demerger
The Board will deliberate on a significant business restructuring initiative. This involves considering a draft Scheme of Arrangement for a demerger between ASTRA MICROWAVE PRODUCTS LIMITED and Astra Space Technologies Private Limited. This proposal is being considered under the provisions of Sections 230 to 232 of the Companies Act, 2013.
Regulatory Filing and Member Information
The company has duly informed the stock exchanges about this upcoming Board meeting. Shareholders and interested parties are encouraged to note this development. The company requests that this information be updated on electronic media platforms to ensure all Members are informed.
Source: BSE
