Astra Microwave Products Limited announced on June 18, 2025, that it has received "In-principle" approvals from BSE Limited and National Stock Exchange of India Limited (NSE).

• These approvals are under Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• The approvals are for the issue of 20,13,885 warrants, each convertible into 20,13,885 equity shares.
• The equity shares have a face value of ₹2 each.
• The issue price for these warrants (convertible into equity shares) is ₹864 each.
• The issuance will be on a preferential basis to both the promoter group and non-promoters.
• The company is advised to strengthen internal controls to monitor trades by proposed allottees and obtain undertakings from them confirming no intra-day trading or sale of the scrip until allotment, as per SEBI (ICDR) Regulations.