Astra Microwave Products: No deviation in preferential issue fund use

Astra Microwave Products Ltd has confirmed no deviation or variation in the use of proceeds from its preferential issue for the quarter ended June 30, 2026. The company raised INR 173.99 Crores through preferential issue on June 30, 2025, receiving INR 43.49 Crores as upfront consideration. The funds were utilized for working capital requirements and general corporate purposes. The report, filed as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, includes statements from the company, audit committee, and auditors confirming the adherence to the stated objects.