Astra Microwave Products Limited has informed the Exchange about change in Management
ASTRAMICRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. S. Gurunatha Reddy (DIN: 00003828) will cease to be Managing Director of Astra Microwave Products Limited with effect from close of business hours on 30th September, 2026. He will continue as an Executive Director of the Company. In his resignation letter, he mentions he will take on additional responsibility overseeing the ongoing development of the space and microwave business and will subsequently join Astra Space Technology 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 current Managing Director stepping down but remaining as Executive Director suggests a planned transition rather than an abrupt departure. The continuation in an executive role may provide some stability, though investors should monitor for the new Managing Director appointment.