Astra Microwave Products Limited has submitted its quarterly compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The submission was made to both BSE Limited and The National Stock Exchange of India Limited on April 04, 2026, fulfilling mandatory regulatory requirements.

Regulatory Compliance Certificate

The certificate was issued under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates companies to confirm proper handling of securities received from depository participants for dematerialisation during each quarter.

Certificate Confirmation

Purva Sharegistry (I) Private Limited, serving as the company's registrar and share transfer agent, issued the confirmation certificate. The registrar confirmed that securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories within prescribed timelines.

The certificate also confirms that security certificates received for dematerialisation were mutilated and cancelled after due verification by the depository participant. Additionally, the names of the depositories have been substituted in the register of members as registered owners within the prescribed timelines.

Stock Exchange Communication

The company secretary T. Anjaneyulu signed and submitted the certificate to both major stock exchanges where the company's shares are listed. The communication was addressed to BSE Limited (Scrip code: 532493) and The National Stock Exchange of India Limited (Scrip code: ASTRAMICRO).

Company 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 research and development centre in Bangalore. The company holds ISO certifications for quality management, environmental management, occupational health and safety, and information security management systems.

Astra Microwave Products Limited has announced significant leadership changes alongside its strategic business restructuring plans. Managing Director Mr. S. Gurunatha Reddy will step down from his current role on September 30, 2026, while Dr. M. V. Reddy, the current Joint Managing Director, will assume the Managing Director position from October 1, 2026.

Formal Resignation and Regulatory Compliance

The company filed formal intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 on April 3, 2026, confirming Mr. S. Gurunatha Reddy's cessation as Managing Director. In his resignation letter dated April 3, 2026, Mr. Reddy confirmed there are no material reasons for his resignation other than his intention to oversee the ongoing demerger process.

Board Approves Business Demerger

The Board of Directors granted in-principle approval for the demerger of the Space, Meteorology and Hydrology business undertakings into a separate entity during their meeting held on February 27, 2026. Mr. Reddy will take on additional responsibility of overseeing this demerger process and will subsequently join Astra Space Technologies Private Limited as a Director, subject to board approval.

Leadership Transition Timeline

The leadership transition has been structured to ensure continuity while enabling focused attention on the demerger process. Dr. M. V. Reddy will transition from Joint Managing Director to Managing Director, bringing his expertise to lead the parent company forward.

Strategic Focus and Value Creation

In his new role overseeing the demerger, Mr. Reddy will lead the adoption of tailored growth strategies and capital allocation frameworks suited to the Space, Meteorology and Hydrology sector. This strategic initiative aims to enable focused management attention, enhanced operational efficiency and unlock value for shareholders. The company expressed confidence that Mr. Reddy's focused involvement in Astra Space Technologies Private Limited will drive the entity to greater heights, while Dr. M. V. Reddy's leadership will help the parent company attain significant milestones in the years ahead.