Astra Microwave Products Limited has informed the Exchange about General Updates
ASTRAMICRO · price
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Astra Microwave Products Limited has informed the stock exchanges that its wholly owned subsidiary, Astra Private Limited (formerly known as Astra Foundation, a Section 8 non-profit company), has been struck off by the Ministry of Corporate Affairs. Astra Foundation was set up in July 2016 to carry out charitable activities such as supporting education, welfare, and medical aid for the poor. For the financial year ending March 31, 2025, the subsidiary reported nil turnover, nil revenue, nil income, and nil net worth, with negligible contribution to the parent company's consolidated financials. The striking off was carried out based on an application filed by the subsidiary itself, and the information was received on September 26, 2025. Consequently, the entity ceases to exist as a wholly owned subsidiary of Astra Microwave.
This is a routine housekeeping disclosure with no material financial impact - the subsidiary was a non-profit Section 8 entity with zero contribution to revenue or net worth. Shareholders are unlikely to see any effect on the stock price or core business operations.