ASTRAMICRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CRISIL Ratings Limited submitted its monitoring agency report for Astra Microwave Products Limited's Rs 173.99 crore preferential issue of convertible warrants. The company received Rs 43.49 crore in Q1 FY2026, while Rs 130.50 crore is pending receipt from warrant holders who have until December 29, 2026 to convert. Of the received amount, Rs 43.49 crore was earmarked for general corporate purposes and working capital, with Rs 43.49 crore already utilized (Rs 40 lakh for working capital and Rs 3.49 crore for GCP). No fund deployment occurred during Q4 FY2026 (January-March 2026). The monitoring agency found no deviations from the disclosed objects, no material changes in means of finance, and no unfavorable events affecting the stated objectives.
The filing indicates clean utilization of the partial proceeds received so far with no regulatory concerns raised. The pending Rs 130.50 crore from warrant conversion will determine the full deployment timeline. Investors should note that working capital deployment has not yet begun, with 90.50 crore remaining unutilized for that purpose.