ASTRA MICROWAVE PRODUCTS LIMITED
Fund Raising Details
- Mode of Fund Raising: Preferential Issues
- Date of Raising Funds: June 30, 2025
- Total Issue Size: ₹173.99 Crores
- Amount Received as of June 30, 2025: ₹43.49 Crores (25% upfront consideration)
- Warrant Details: 20,13,885 warrants issued at ₹216 per warrant upfront
- Balance Amount: ₹130.50 Crores (75% balance at ₹648 per warrant)
- Conversion Tenure: 18 months from issuance for warrant holders to exercise conversion option
Fund Utilization Status
- Total Funds Utilized: ₹43.49 Crores (100% of received amount)
- Utilization Completion Date: Fully utilized during quarter ended September 30, 2025
- Quarter Ended June 30, 2026 Utilization: No additional funds raised or utilized (conversion option not exercised by warrant holders)
Object-wise Fund Allocation and Utilization
| Purpose | Original Allocation (₹ Crores) | Funds Utilized (₹ Crores) | Deviation |
| Working Capital Requirements | 130.50 | 40.00 | ₹0.00 |
| General Corporate Purposes (25%) | 43.49 | 3.49 | ₹0.00 |
| Total | 173.99 | 43.49 | ₹0.00 |
Monitoring and Compliance
- Monitoring Agency: CRISIL Ratings Limited
- Audit Committee Comments: No comments/objections
- Auditor Comments: No comments/objections
- Shareholder Approval: Not applicable (no deviation)
Key Dates
- Fund Receipt Date: June 30, 2025
- Reporting Quarter: June 30, 2026
- Filing Date: August 10, 2026