Astra Microwave Products Joins IEPFA's 'Saksham Niveshak' Campaign for Shareholder KYC Updates and Unclaimed Dividend Recovery

2 min read     Updated on 07 May 2026, 05:57 AM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

Astra Microwave Products Limited has filed an intimation dated May 06, 2026 regarding its participation in IEPFA's Second 100-Day 'Saksham Niveshak' Campaign (April 1–July 9, 2026), urging shareholders with unclaimed dividends to update KYC details with their Depository Participant or RTA, Purva Sharegistry India Pvt Ltd, Mumbai, to enable electronic credit of dues before transfer to IEPF.

powered bylight_fuzz_icon
39625379

*this image is generated using AI for illustrative purposes only.

Astra Microwave Products Limited has formally communicated to its shareholders about its participation in the Second 100-Day Campaign — 'Saksham Niveshak' — initiated by the Investor Education and Protection Fund Authority (IEPFA) under the Ministry of Corporate Affairs (MCA). The intimation, dated May 06, 2026, was filed with the stock exchanges and is accompanied by a shareholder communication dated May 05, 2026, aimed at creating awareness about KYC updation and the recovery of unclaimed dividends.

About the 'Saksham Niveshak' Campaign

The Saksham Niveshak campaign is a targeted initiative by IEPFA, MCA, designed specifically for shareholders whose dividends remain unpaid or unclaimed. The campaign runs from April 1, 2026 to July 9, 2026, providing shareholders a defined window to complete necessary updates and claim their dues before such amounts are transferred to the Investor Education and Protection Fund.

Key details of the campaign are summarised below:

Parameter: Details
Campaign Name: Second 100-Day Campaign — Saksham Niveshak
Launched By: IEPFA, Ministry of Corporate Affairs
Campaign Period: April 1, 2026 to July 9, 2026
Objective: KYC updation, nomination updates, and prevention of unclaimed dividend transfer to IEPF
Communication Date: May 05, 2026
Exchange Intimation Date: May 06, 2026

Shareholder Action Required

Astra Microwave Products has noted in its shareholder communication that dividends previously declared and distributed have not yet been claimed or encashed by certain shareholders. The company has emphasised that dividend on shares is payable only in electronic mode, and will be credited to a shareholder's bank account only after the relevant information and documents have been updated with the depository or Registrar and Transfer Agent (RTA).

Shareholders are requested to take the following steps to claim their unpaid dividends:

  • Contact their Depository Participant (DP) to update KYC details, including the latest bank account details with IFSC code.
  • Contact the company's RTA for all enquiries and claims related to unpaid or unclaimed dividends.

Shareholders are also required to furnish the following information to the RTA:

  • Full name and address
  • Updated Client Master List (CML) along with a duly signed request letter
  • DP ID and Client ID (Demat ID)

Registrar and Share Transfer Agent Contact Details

For assistance with share transfers, transmissions, change of address, non-receipt of dividends, and related matters, shareholders may reach out to the company's RTA at the following address:

Parameter: Details
RTA Name: Purva Sharegistry India Pvt Ltd
Address: Unit No. 9, Ground Floor, Shiv Shakti Industrial Estate, J R Boricha Marg, Lower Parel E, Mumbai – 400011
Telephone: +91 22 4134 3256; +91 22 4134 3255
Email: support@purvashare.com

Additional information related to the campaign is available on the company's website at: https://astramwp.com/special-window-for-re-lodgement-of-transfer-requests-of-physical-shares/

Company Details

Astra Microwave Products Limited is headquartered at ASTRA Towers, Survey No. 12(P), Kothaguda Post, Kondapur, Hitech City, Hyderabad – 500084, Telangana. The company holds certifications under ISO 9001, ISO 14001, ISO 45001, and ISO 27001 standards. The exchange intimation was signed by T. Anjaneyulu, Company Secretary & Compliance Officer.

Historical Stock Returns for Astra Microwave Products

1 Day5 Days1 Month6 Months1 Year5 Years
-1.30%+1.97%+15.10%+10.06%+36.26%+881.10%

What percentage of Astra Microwave Products' total declared dividends remains unclaimed, and how might this figure impact the company's financial reporting if transferred to IEPF after the July 9, 2026 deadline?

How might IEPFA's increasing regulatory pressure on companies to resolve unclaimed dividends influence corporate governance practices and shareholder communication strategies across India's defense and aerospace sector?

If a significant portion of unclaimed dividends is eventually transferred to IEPF, what are the long-term implications for retail shareholders who miss the campaign window in terms of recovery complexity and timelines?

Astra Microwave Products
View Company Insights
View All News
like16
dislike

Astra Microwave Products Confirms 'Not a Large Corporate' Status Under SEBI Framework

1 min read     Updated on 13 Apr 2026, 07:15 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Astra Microwave Products Limited disclosed to BSE and NSE that it does not qualify as a Large Corporate under SEBI framework, with outstanding borrowings of Rs. 85.88 crore as on March 31, 2026. The company maintains strong CRISIL credit ratings across all facilities and operates multiple manufacturing units with ISO certifications.

powered bylight_fuzz_icon
37633545

*this image is generated using AI for illustrative purposes only.

Astra Microwave Products Limited has formally disclosed to stock exchanges that it does not qualify as a Large Corporate entity under the Securities and Exchange Board of India (SEBI) framework. The company submitted this disclosure on April 13, 2026, to both BSE and the National Stock Exchange of India Limited.

Regulatory Compliance Disclosure

The disclosure was made in reference to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, read with SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars pertain to fund raising by issuance of debt securities by large entities.

The company confirmed that it is "Not a Large Corporate" as per the framework and applicability criteria specified under the aforementioned SEBI circulars.

Financial Position and Credit Ratings

Parameter: Details
Outstanding Borrowings (March 31, 2026): Rs. 85.88 crore
Long-Term Bank Facilities Rating: CRISIL A/Positive
Short-Term Bank Facilities Rating: CRISIL A1
Corporate Credit Rating: CRISIL A/Positive
Credit Rating Agency: CRISIL Ratings Limited

The company has maintained strong credit ratings across all categories, with CRISIL reaffirming its ratings during the previous financial year. The positive outlook on long-term facilities and corporate credit rating reflects the company's financial stability.

Corporate Structure and Operations

Astra Microwave Products Limited operates from its registered office at ASTRA Towers in Hyderabad's HITEC City. The company maintains multiple manufacturing units across Telangana and a dedicated R&D Centre in Bangalore Aerospace Park, Karnataka.

The company holds ISO certifications across multiple standards including ISO 9001, ISO 14001, ISO 45001, and ISO 27001, demonstrating its commitment to quality, environmental management, occupational health and safety, and information security management.

Stock Exchange Compliance

As part of the disclosure requirements, the company has designated the National Stock Exchange of India Limited as the exchange where any fine would be paid in case of shortfall in required borrowing under the SEBI framework. The company is listed on both BSE (Scrip code: 532493) and NSE (Scrip code: ASTRAMICRO).

The disclosure was signed by T. Anjaneyulu, Company Secretary & Compliance Officer, and Srinivasarao Devathi, Chief Financial Officer, ensuring proper authorization and compliance with regulatory requirements.

Historical Stock Returns for Astra Microwave Products

1 Day5 Days1 Month6 Months1 Year5 Years
-1.30%+1.97%+15.10%+10.06%+36.26%+881.10%

Will Astra Microwave's non-Large Corporate status limit its access to debt capital markets for future expansion plans?

How might the company's positive credit rating outlook translate into improved borrowing terms or increased credit facilities?

Could Astra Microwave's strong regulatory compliance position it for potential government defense contracts in the aerospace sector?

Astra Microwave Products
View Company Insights
View All News
like16
dislike

More News on Astra Microwave Products

1 Year Returns:+36.26%