Astra Microwave Products Secures ₹124 Crore Order from Joint Venture Partner
Astra Microwave Products Limited has received a ₹124.00 crore order from joint venture partner Astra Rafael Comsys Private Limited for supply of modules, cable assemblies and antenna for SDR systems. The domestic transaction will be executed within 9-12 months at arm's length pricing, strengthening the company's defense electronics portfolio.

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Astra Microwave Products Limited has secured a significant order worth ₹124.00 crores from its joint venture partner, marking another milestone in the company's defense technology portfolio. The order was received from Astra Rafael Comsys Private Limited, a joint venture company, for the supply of specialized defense equipment.
Order Details and Specifications
The comprehensive order encompasses multiple critical components for defense applications. The contract includes supply of modules, cable assemblies, and antenna systems specifically designed for Software Defined Radio (SDR) technology. This order value of ₹124.00 crores is inclusive of all applicable taxes, providing clarity on the total financial impact.
| Parameter: | Details |
|---|---|
| Order Value: | ₹124.00 crores (inclusive of all taxes) |
| Awarding Entity: | Astra Rafael Comsys Private Limited (JV Company) |
| Product Category: | Modules, Cable Assemblies and Antenna for SDR |
| Transaction Type: | Domestic Entity |
| Execution Timeline: | 9-12 Months |
Transaction Structure and Compliance
The order represents a related party transaction due to the joint venture relationship between the companies. However, the transaction has been structured at arm's length pricing, ensuring compliance with regulatory requirements. The domestic nature of the contract simplifies execution logistics and regulatory compliance.
Key transaction characteristics include:
- Related Party Nature: Order from joint venture company
- Pricing Structure: Arm's length transaction
- Geographic Scope: Domestic entity transaction
- Regulatory Compliance: Full adherence to SEBI LODR Regulations
Strategic Significance
This order reinforces Astra Microwave Products' position in the defense electronics sector, particularly in Software Defined Radio technology. The 9-12 month execution timeline indicates a substantial project scope that will contribute to the company's revenue stream over the coming quarters. The involvement of the joint venture partner demonstrates the collaborative approach in executing complex defense projects.
Regulatory Disclosure
The company has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made on December 12, 2025, ensuring timely communication to stakeholders and maintaining transparency in corporate governance practices.
Historical Stock Returns for Astra Microwave Products
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.30% | -0.14% | -13.32% | -19.67% | +11.21% | +621.89% |
















































