Management Change10 Aug 2026, 01:21 pm
Astra Microwave Products Ltd: MD Resigns, New MD Appointed
AI Summary
Astra Microwave Products Ltd announced key management changes following a Board of Directors meeting on August 10, 2026. Mr. S. Gurunatha Reddy will resign as Managing Director and Director effective September 30, 2026. Dr. M. V. Reddy, currently Joint Managing Director, will be appointed as the new Managing Director from October 1, 2026, until April 29, 2028, subject to member approval. The company also approved the standalone and consolidated un-audited financial results for the quarter ended June 30, 2026, along with the limited review report. The 35th Annual General Meeting is scheduled for September 18, 2026.
Key Highlights
- Mr. S. Gurunatha Reddy resigns as MD and Director effective Sept 30, 2026.
- Dr. M. V. Reddy appointed as new MD from Oct 1, 2026.
- Unaudited Q1 FY27 financial results approved.
- 35th AGM scheduled for September 18, 2026.
- No material reasons for resignation other than stated.
Price Impact
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