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The board of Astra Microwave Products (AMPL) at its meeting held on 10 June 2026 has approved scheme of arrangement between AMPL and its wholly owned subsidiary Astra Space Technologies (ASTPL / Resulting Company) and their respective shareholders and creditors. The said scheme involves demerger of Space, Meteorology and Hydrology Business (as defined in the Scheme) from AMPL into ASTPL on a going concern basis. ASTPL will issue shares to AMPL shareholders based on a determined share ratio, and the transaction will be carried out as a going concern in compliance with applicable laws and tax provisions.

Astra Microwave Products will hold a meeting of the Board of Directors of the Company on 10 June 2026.

Astra Microwave Products announced that the Board of Directors of the Company at its meeting held on 26 May 2026, inter alia, have recommended the final dividend of Rs 2.4 per equity Share (i.e. 120%) , subject to the approval of the shareholders.

Net profit of Astra Microwave Products rose 44.21% to Rs 105.98 crore in the quarter ended March 2026 as against Rs 73.49 crore during the previous quarter ended March 2025. Sales rose 19.71% to Rs 488.24 crore in the quarter ended March 2026 as against Rs 407.85 crore during the previous quarter ended March 2025.For the full year,net profit rose 25.71% to Rs 192.97 crore in the year ended March 2026 as against Rs 153.51 crore during the previous year ended March 2025. Sales rose 10.62% to Rs 1162.80 crore in the year ended March 2026 as against Rs 1051.18 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales488.24407.85 20 1162.801051.18 11 OPM %33.0829.04 -28.7025.59 - PBDT154.00110.21 40 304.49238.78 28 PBT141.0499.12 42 260.76203.74 28 NP105.9873.49 44 192.97153.51 26 Powered by Capital Market - Live News

Astra Microwave Products will hold a meeting of the Board of Directors of the Company on 26 May 2026.