Board Meeting3 April 2026 at 01:04 pm
Astra Microwave Products Ltd's Managing Director to Step Down, New MD Appointed
AI Summary
Astra Microwave Products Limited (AMPL) announced that its Managing Director, Mr. S. Gurunatha Reddy, will step down from his position effective from the close of business hours on 30th September 2026. He will take on the additional responsibility of overseeing the ongoing demerger of the Space and Meteorology business and then join Astra Space Technologies Private Limited (ASTPL) as a Director. Dr. M. V. Reddy, the current Joint Managing Director, will assume the role of Managing Director of AMPL from 1st October 2026.
Key Highlights
- Mr. S. Gurunatha Reddy to step down as Managing Director of AMPL.
- He will oversee the demerger of the Space and Meteorology business.
- Mr. Reddy to join Astra Space Technologies Private Limited (ASTPL) as a Director.
- Dr. M. V. Reddy to assume the role of Managing Director of AMPL from 1st October 2026.
- Company appreciates Mr. Reddy's contribution and is confident of his focused involvement in ASTPL.