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Astra Microwave Products Ltd. ( (IN:ASTRAMICRO) ) has issued an announcement.
Astra Microwave Products Ltd. has addressed a recommendation from a proxy advisory firm advising shareholders to vote against a resolution at the upcoming Annual General Meeting. The advisory firm cited the non-disclosure of proposed fees for the appointment of Secretarial Auditors as the reason for their recommendation. Astra clarified that the fees for M/s. L.D. Reddy & Co. for the fiscal year 2025-26 are estimated at ₹1,50,000 plus applicable taxes, aligning with industry standards and consistent with the previous year’s fees.
More about Astra Microwave Products Ltd.
Astra Microwave Products Ltd. operates in the electronics industry, focusing on the development and production of microwave and radio frequency products. The company is based in Hyderabad, India, and is certified with ISO 9001, ISO 14001, ISO 45001, and ISO 27001 standards, reflecting its commitment to quality and environmental management.
Average Trading Volume: 24,695
Technical Sentiment Signal: Buy
Current Market Cap: 95.75B INR
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