Astra Microwave to demerge space, meteorology & hydrology biz into a separately listed entity

Astra Microwave to demerge space, meteorology & hydrology biz into a separately listed entity

Astra Microwave Products is planning a demerger. Its space, meteorology, and hydrology business will become a new company called Astra Space Technologies Private Limited. This move aims for sharper management focus and better operational efficiency. Sharehold…

Astra Microwave Products on Friday announced that its board has granted in-principle approval to demerge its space, meteorology and hydrology business into a separate entity, aiming to enable sharper… [+4535 chars]

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Astra Microwave to demerge space, meteorology & hydrology biz into a separately listed entity - FHMnews