AMPL board approves demerger of Space, Meteorology and Hydrology business into ASTPL

Demerger Ratio AnnouncedCore Business DivestedStrategic Transactions View source PDF Explain this filing

ASTRAMICRO · price

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Price reactionminutes from the announcement price · days from the prior close

-2.4%Reaction day

₹1462.50

prior close

₹1444.80

announcement price

In-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.4%-1.0% vs market

Aerospace & Defense peers, median of 24sector-2.0%-0.5% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.5 pts less than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.2

10m

+0.8

15m

+0.4

30m

+1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.4-1.4-1.0-2.0-0.5

Next day

-4.3-2.5-1.8-4.5+0.1

-1.5+0.4-1.9-0.8-0.7

-0.5+2.2-2.6-0.0-0.4

+1.5+2.7-1.3+0.1+1.3

+8.7+3.9+4.9+5.1+3.6

+15.7+5.2+10.5+5.9+9.8

15d

+22.7+6.5+16.3+4.9+17.8

+23.2+6.9+16.3+4.8+18.4

+18.2+9.1+9.1+0.6+17.6

+16.6+11.6+5.0+3.6+13.0

UpDownMarket · Nifty Microcap 250Sector · Aerospace & Defense peers, median of 24Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

AMPL board approved demerger of its Space, Meteorology and Hydrology business into wholly owned subsidiary Astra Space Technologies (ASTPL) on June 10, 2026. Share ratio: 1 ASTPL share of INR 2 for every 1 AMPL share of INR 2. Demerged unit turnover is about INR 157 Cr (13.58% of total in FY26). ASTPL will be listed on BSE and NSE. Scheme needs NCLT, SEBI and exchange approvals. Aim is to create two sector-focused listed entities and unlock value.

Likely market impact

Shareholders will get 1 ASTPL share for every 1 AMPL share held. Pending approvals, this creates two listed entities focused on distinct businesses.