Astra Microwave Products : change in Key managerial personnel 30.03.2019

40

March 30, 2019

ASTRA MICROWAVE PRODUCTS LIMITED

Regd. Office: ASTRA Towers, Survey No. 12(P), Kothaguda Post,

Kondapur, Hitechcity, Hyderabad, Telangana, INDIA - 500084.

Tel [phone]. Fax : [phone]

E-mail : infoastramwp.com , website : www.astramwp.com

CIN: L29309TG1991PLC013203

To	To
The General Manager	The Vice President,
Department of Corporate Relations	Listing Department
BSE Limited	The National Stock Exchange of
Sir Phiroze .Jeejeebhoy Towers,	India Limited
Dalal Street, Fort,	Exchange Plaza
Mumbai -400 001	Bandra Kurla Complex, Bandra (East)
	!J1IThWZISI,I,I.il
Scrip code: 532493	Scrip code: ASTRAMICRO

Dear Sir/Madam,

Sub: Disclosure of information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - changes in key managerial personnel - Reg.

With reference to the captioned subject, this is to inform you that the Board of Directors of the Company in its meeting held today i.e., March 30, 2019, inter alia, has taken the following decisions.

Re-designation to Mr. S.Gurunatha Reddy from Whole Time Director & CFO to Managing Director of our Company, w.e.f 1' April, 2019, for the remaining period of his tenure i.e., upto 29 1 ' April, 2023 subject to the approval of the members in the Annual General Meeting.

Brief profile of Mr. S.Gurunatha Reddy:

		liii
		Worked in private sector industry
		and gained over 31 years of
		experience in accounting, finance,
		jtaxation, secretarial etc.
	nies in which	Astra Rafael Comsys Private Limited
	[ar.]
js%fl	Works:	PbHy

Unit 1: Plot No. 12, ANRICH Industrial Estate, Bollaram, Medak Dist.rT.S. -502325O Unit 2: Plot No. SbA, ANRICH Industrial Estate, Bollaram, Medak Dist., T.S. - 502325

Unit 3: Sy. No. 111, Imarath Kancha, RaviaIa MI), Maheshwaram (Mdl) R.R.Dist., T.S. -

Unit 4 : Sy. No. 1/1, Plot No. 18 to 21, Imarath Kancha, Hardware Par*, Raviryala M, Maheswaram (M) ......S.-500005

R&D Centre: Y.D.Archade, No.327,4th Cross, Opp: Sivaparvathi Kalyan Mantapa, OMBR Layout, Banaswadi, Bangalore, Karnataka- 560043.

40

Name(s) of other Companies in which Committee Membership(s)! Chairmanship(s) held

Total shares held by him in the Company

Relationship with other directors

Nil

68,938 equity shares of Rs.21- each

Mr. S.Gurunatha Reddy is not related to any Director of the Company.

2.Re-designationto Mr. M.V.Reddy from Whole Time Director designated as Director

(Mktg. & Operations) to Joint Managing Director of our Company, w.e.f 1 " April, 2019, for the remaining period of his tenure i.e., upto 29th April. 2023 subject to the approval of the members in the Annual General Meeting.

Brief profile of Mr. MV. Reddy:

14ifljtDireótor±M.VenkateSRSdt,.:.iH

Date of Birth			01.05.1967
Qualification			B.E.(Electronics), MBA	_____
Expertise			A Graduate in Engineering (Electronics) and a
			Post Graduate in Business Administration, and he
			has 28 years of experience in handling Marketing
			and Business operations in the domain of
			Defense, Space and Telecom segment in India
			and Overseas Market. As most of his experience
			has been working for the Indian Private industry
			meeting the needs of the Strategic Electronics
			sector in India and abroad, he has a good
			understanding of the requirements and knows the
			challenges and opportunities for the private
			companies in this business segment.
Name(s) of other Companies			Astra Rafael Comsys Private Limited
in which Directorships_held			Astra_Foundation.
Name(s) of other Companies			Nil
in which Committee
Membership(s) I
Chairmanship(s) held		____
Total shares held by him in the			53,850 equity shares of Rs.21- each
Company
Relationship with other			Mr. M. Venkateshwar Reddyis not related to any
directors	--		Director of the Company.

3.Mr.T.Ramachandru, Independent Director, has submitted his letter of resignation as an Independent Director of our Company due to personal reasons and the same was accepted.

40

4.Mr.B.MaIla Reddy, Mr.P.A.Chitrakar and Mrs.C.PrameeIamma, promoters of the company were appointed as advisors of the company for a period of three years with effect from 01 .04.2019.

The meeting of the Board of directors commenced at 11.00 AN and concluded at 2.45 P.M.

This is for your information and record please.

Thanking you,

Yours faithfully,

For Astra Microwave Products Ltd

T.Anjanoyulu

Dy.G.M - Company Secretary