<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....
ASTRAMICRO · price
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Awaiting price reaction for this filing.
Astra Microwave Products Ltd has filed its initial disclosure with BSE and NSE under SEBI's Large Corporate framework, which applies to companies meeting certain borrowing thresholds. The company has confirmed it is 'Not a Large Corporate' as per the applicability criteria. Its total outstanding borrowings as on 31 March 2025 stood at Rs. 58.34 crore. CRISIL has reaffirmed its long-term bank facility rating at A/Stable, short-term facilities at A1, and corporate credit rating at A/Stable. The disclosure is signed by the Company Secretary and CFO and was filed on 26 April 2025.
This is a routine regulatory filing with no material impact on shareholders or the stock price. The low borrowing level (Rs. 58.34 crore) means Astra is below the Large Corporate threshold and has no obligation to raise funds through debt securities markets.