Astra Microwave Products Approves Demerger into Separate Listed Entity

Astra Microwave Products Limited announced that its Board of Directors, in a meeting held on February 27, 2026, has granted in-principle approval for a Scheme of Arrangement to demerge its Space, Meteorology, and Hydrology businesses into a separate listed entity.

The company stated that this strategic restructuring will enable sharper focus on niche technology segments, improve resource allocation, and foster innovation. By creating an independent entity, Astra Microwave aims to unlock shareholder value and strengthen competitiveness in specialized markets such as space applications, weather monitoring, and hydrological systems.

Key Highlights

• Board Approval: In-principle nod granted on February 27, 2026.
• Scope of Demerger: Space, Meteorology, and Hydrology businesses to be separated.
• New Entity: Planned to be listed independently for better visibility.
• Strategic Objective: Enhance management effectiveness and operational efficiency.
• Shareholder Value: Independent unit expected to unlock greater value.
• Future Outlook: Focused innovation and growth in specialized technology domains.

This move marks a pivotal step in Astra Microwave’s corporate journey, positioning the company to capitalize on emerging opportunities in space technology and applied sciences.

Sources: InvestyWise, ScanX News