Astra Microwave Products' Joint Venture Secures ₹285.56 Crore Defence Order

1 min read     Updated on 31 Oct 2025, 06:22 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

Astra Microwave Products Limited's joint venture, Astra Rafael Comsys Private Limited, has won a ₹285.56 crore order from the Ministry of Defence. The domestic order, received on October 31, 2025, is for supplying Communication Systems with accessories to the Indian Air Force Special Forces. The execution timeframe is within 11 months. Astra Microwave Products expects to receive a substantial portion of business from this order through the joint venture.

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Astra Microwave Products Limited has announced a significant win for its joint venture company, Astra Rafael Comsys Private Limited. The joint venture has secured an order valued at ₹285.56 crore from the Ministry of Defence, marking a substantial development for the microwave products specialist.

Order Details

The order, received on October 31, 2025, is for the procurement of Communication Systems with accessories for the Special Forces of the Indian Air Force (IAF). Here are the key details of the order:

Aspect Details
Order Value ₹285.56 crore (including taxes)
Awarding Entity Ministry of Defence
Nature of Order Domestic
Execution Timeframe Within 11 months
Scope Procurement of Communication Systems with accessories for IAF Special Forces

Strategic Implications

This order represents a significant milestone for Astra Microwave Products and its joint venture. The company has stated that it expects to receive a substantial portion of business from this order through Astra Rafael Comsys Private Limited.

Compliance and Disclosure

The company made this disclosure in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015. It's worth noting that:

  • The order is not classified as a related party transaction.
  • Neither the promoter, promoter group, nor group companies have any interest in the entity that awarded the contract.

This development underscores Astra Microwave Products' growing presence in the defence communication systems sector and its ability to secure high-value contracts through strategic partnerships. The successful execution of this order could potentially strengthen the company's position in the defence technology market and contribute to its financial performance in the coming fiscal year.

Investors and market watchers will likely keep a close eye on how this order impacts Astra Microwave Products' future growth trajectory and its ability to secure similar high-value contracts in the defence sector.

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Astra Microwave Products' Non-Material Subsidiary Struck Off by Ministry of Corporate Affairs

1 min read     Updated on 26 Sept 2025, 05:41 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Astra Microwave Products Limited announced that its non-material subsidiary, Astra Private Limited (formerly Astra Foundation), has been struck off by the Ministry of Corporate Affairs. The strike-off was initiated through a voluntary application by Astra Private Limited. The subsidiary, incorporated in 2016 as a non-profit organization, had no turnover, revenue, income, or net worth for the financial year ended March 31. This change is expected to have minimal financial impact on Astra Microwave Products Limited.

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

Astra Microwave Products Limited , a prominent player in the microwave and radar technology sector, has announced a significant change in its corporate structure. The company's non-material subsidiary, Astra Private Limited, formerly known as Astra Foundation, has been struck off by the Ministry of Corporate Affairs, effectively ceasing to exist as a wholly owned subsidiary.

Key Developments

  • Subsidiary Dissolution: Astra Private Limited, a non-material subsidiary of Astra Microwave Products Limited, has been struck off the records of the Ministry of Corporate Affairs.
  • Voluntary Application: The strike-off was initiated through an application filed by Astra Private Limited itself.
  • Effective Date: The information regarding the strike-off was received on September 26.

Background of Astra Private Limited

Astra Private Limited, originally established as Astra Foundation on July 9, 2016, was incorporated as a non-profit organization under Section 8 of the Companies Act, 2013. Its primary objectives included:

  • Providing donations for education, welfare, and medical treatments for the poor and needy
  • Establishing, promoting, and maintaining schools for orphanages
  • Supporting poor houses for relief and assistance to the poor, old, and infirm people

Financial Impact

The dissolution of Astra Private Limited is expected to have minimal impact on Astra Microwave Products Limited's financials. For the financial year ended March 31, Astra Private Limited reported:

Financial Metric Amount
Turnover Nil
Revenue Nil
Income Nil
Net Worth Nil

These figures indicate that the subsidiary had negligible contribution to the consolidated income and net worth of Astra Microwave Products Limited.

Corporate Compliance

Astra Microwave Products Limited has made this announcement in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has assured that this information will be available on its official website at www.astramwp.com .

The strike-off of Astra Private Limited marks a streamlining of Astra Microwave Products Limited's corporate structure, potentially allowing the company to focus more efficiently on its core operations in the microwave and radar technology domain.

Historical Stock Returns for Astra Microwave Products

1 Day5 Days1 Month6 Months1 Year5 Years
-1.30%-3.69%+5.93%+25.78%+31.67%+890.73%
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