Every Spin-Off
Astra Space Technologies
AnnouncedINMakes satellite subsystems, weather radars and hydrology monitoring systems in India, mainly for space and government agencies.
Astra Microwave's space, meteorology and hydrology business, with FY26 turnover of about Rs 157 crore (13.6% of the total).
- Status
- Announced
- Expected
- Awaiting approvals
- Parent
- Astra Microwave Products (ASTRAMICRO IN)
- Spin-off ticker
- To be announced
- Listing
- NSE and BSE
- Market
- India
- Sector
- Industrials
Terms
1 Astra Space Technologies share (FV Rs 2) for every 1 Astra Microwave share; needs SEBI/exchange, shareholder and NCLT approval; listing on NSE and BSE proposed.
Key dates
- Board in-principle approval
- Board approval of scheme
- Stock exchange NOC / NCLT
Source documents
- Press releasePress release: in-principle approval (02/27/26)
- PresentationNot yet published
- Prospectus / demerger documentNot yet public
- Sourceinvestywise.com (scheme approval)
- SourceValuation report (03/26)
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