StockWatch
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Aerospace & Defense
Board Meeting1 Jun 2026, 06:12 pm

Astra Microwave to Consider Demerger with Astra Space Tech

AI Summary

Astra Microwave Products Ltd has scheduled a Board of Directors meeting on June 10, 2026, to consider and approve a business restructuring. The agenda includes a draft Scheme of Arrangement for a demerger between Astra Microwave Products Limited and Astra Space Technologies Private Limited, under Sections 230 to 232 of the Companies Act, 2013.

Key Highlights

  • Astra Microwave board meeting set for June 10, 2026.
  • Meeting to consider business restructuring.
  • Demerger scheme between Astra Microwave and Astra Space Technologies on agenda.
  • Restructuring under Sections 230-232 of Companies Act, 2013.