Astra Microwave Products has informed that pursuant to the approval accorded by the board of directors of the Company (the 'Board'), at its meeting held on December 9, 2022 and the special resolution passed by the members of the Company by way of postal ballot on February 14, 2023 the QIP committee has, at its meeting held today, 28th April, 2023, passed resolutions for the following: Authorised the opening of the Issue today, 28th April, 2023; Approved and adopted the preliminary placement document dated 28th April, 2023 and the application form in connection with the Issue; and approved the floor price for the Issue, based on the pricing formula as prescribed under the SEBI ICDR Regulations.
The above information is a part of company’s filings submitted to BSE.
