Astra Microwave subsidiary Astra Space Technologies Private Limited converted to Public Limited Company.
Astra Microwave Products Limited's wholly-owned subsidiary, Astra Space Technologies Private Limited, has been converted to a Public Limited Company and renamed Astra Space Technologies Limited (ASTL) effective August 19, 2026. Shareholding remains unchanged.
The conversion of a subsidiary to a public limited company and its name change is an administrative and regulatory step. It does not immediately impact the parent company's operations, financials, or market position.
The announcement is a routine corporate action regarding a subsidiary's conversion from private to public limited status and a name change. It does not involve significant financial performance changes or new business initiatives.
Astra Microwave Products Limited has announced that its wholly-owned subsidiary, Astra Space Technologies Private Limited, has received approval from the Registrar of Companies, Ministry of Corporate Affairs, to convert from a Private Limited Company to a Public Limited Company.
Effective August 19, 2026, the subsidiary's name has been changed to Astra Space Technologies Limited (ASTL). The company confirmed that this conversion does not alter Astra Microwave Products Limited's shareholding in ASTL, which continues to be a wholly owned subsidiary.
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Astra Microwave Products Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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