Astra Microwave Products Limited has informed the Exchange regarding Resignation of Mr. S. Gurunatha Reddy (DIN: 00003828) as Managing Director of the company w.e.f. September 30, 2026.
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Astra Microwave Products has informed the exchanges that Mr. S. Gurunatha Reddy (DIN: 00003828) will step down as Managing Director with effect from close of business hours on September 30, 2026. He will, however, continue as an Executive Director of the company, ensuring leadership continuity. According to his resignation letter, he is stepping down to take on additional responsibility of overseeing the development of the Space and Metrology business, after which he plans to join Astra Space Technologies Pvt Ltd as a Director, subject to Board approval. He has confirmed there are no material reasons for his resignation other than those stated. The transition is orderly, planned well in advance (announced April 3, 2026, for a September 30, 2026 effective date), and he has committed to supporting a smooth handover.
This is a planned, non-disruptive transition with the MD staying on as Executive Director, so shareholder impact should be limited. The move signals strategic focus on the high-growth Space and Metrology business and a clearer separation of operational and strategic leadership roles.