as per covering letter

ASTRA MICROWAVE PRODUCTS LIMITED Regd. Office: ASTRA Towers, Survey No. 12(P), Kothaguda Post, Kondapur, Hitech City, Hyderabad - 500084, Telangana, INDIA Tel:+91-40-46618000, 46618001. Fax:+91-40-46618048 Email:mktg@astramwp.com,website:www.astramwp.com CIN: L29309TG1991PLC013203 August 10, 2026 To To The General Manager The Vice President, Department of Corporate Relations Listing Department BSE Limited The National Stock Exchange of India Limited Sir Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Bandra (East), Dalal Street, Fort, Mumbai - 400 001 Mumbai - 400 051 Scrip code: 532493 Scrip code: ASTRAMICRO Dear Sir/Madam, Sub: Statement of deviation or variation of funds under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter ended June 30, 2026. Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby confirm that there is no deviation or variation in the use of proceeds for the quarter ended June 30, 2026, from the objects stated in the Offer Letter of Preferential Issue of the Company. A statement confirming that there is no deviation or variation in the utilisation of these proceeds is attached. This is for your information and records. Thanking you, Yours faithfully For Astra Microwave Products Limited T. Anjaneyulu Company Secretary & Compliance Officer An ISO 9001, ISO 14001, ISO 45001 and ISO 27001 Certified Company Works: Unit 1: Plot No. 12, ANRICH Industrial Estate, Bollaram, Medak Dist., Telangana – 502325 Unit 2: Plot No. 56A, ANRICH Industrial Estate, Bollaram, Medak Dist., Telangana - 502325 Unit 3: Sy. No. 1/1, lmarath Kancha, Raviryala (V), Maheshwaram (Mdl) R.R.Dist., Telangana - 500005 Unit 4: Sy. No. 1/1, Plot No. 18 to 21, lmarath Kancha, Hardware Park, Raviryala (V), Maheswaram (M), R.R.Dist, Telangana – 500005 Unit 7: Sy. No.114/1, Plot No. S-2/9 & 10, E-City, Raviryala & Srinagar (V), Maheswaram (M), R.R.District, Telangana - 501359 R&D Centre: Plot No. 51(P), Bangalore Aerospace Park, Singanahalli Village, Budigere Post, Bangalore North Taluk, Karnataka - 562149 ASTRA MICROWAVE PRODUCTS LIMITED Regd. Office: ASTRA Towers, Survey No. 12(P), Kothaguda Post Kondapur, HITEC City, Hyderabad, Teiangana, INDIA - 500084 Tel : +91 40 46618000, 46618001. Fax : +91 40 46618048 Email : mktg@astramwp.com, website : www.astramwp.com CI N: L29309TG1991PLC0 13203 Statement on Deviation or Variation for proee of Public Issue, 8 s efere a Issue, Qualified Insti Placement Etc. (1) Name of the Listed. Entity ASTRA MICROWAVE PRODUCTS LIMITED Mode of Fund Raising Preferential Issues Date of Raising Funds 30-06-2025 INR 173.99 Crores (It is the total issue size. However, as on June 30, 2025, company has received 25% of the issue size i.e. INR 43.49 Crores (INR 216/warrant for 20,13,885 warrants), as Amount Raised upfront consideration/subscription amount. Balance 75% (INR 648/warrant) will be received as and when the conversion option is exercised by the warrant holder to convert warrants into equity shares during the tenure of 18 months of the warrant) Report filed for Quarter ended 30-06-2026 Monitoring Agency Applicable Monitoring Agency Name, if CRISIL Ratings Limited applicable Is there a Deviation / Variation in use of funds raised If yes, whether the same is pursuant to change in terms of a contract or Not Applicable objects, which was approved by the shareholders If Yes, Date of shareholder Approval Not Applicable Explanation for the Deviation / Not Applicable Variation Comments of the Audit Committee after review _ — Comments of the auditors, if any No An ISO 9OO1, ISO 14001, ISO 45001 and ISO 27001 Certified Company Works: Unit 1: Plot No. 12, ANRICH Industrial Estate, Bollaram, Medak Dist., Telangana - 502325 Unit 2: Plot No. 56A, ANRICH Industrial Estate, Bollaram, Medak Dist., Telangana - 502325 Unit 3: Sy. No. 1/1, Imarath Kancha, Raviryala (V), Maheshwaram (Mdl) R.R.Dist., Telangana - 501510 Unit 4: Sy. No. 1/1, Plot No. 18 to 21, Imarath Kancha, Hardware Park, Raviryala (V), Maheswaram (M), R.R.Dist, Telangana - 501510 Unit 7: Sy. No.114/1, Plot No. 5-2/9 & 10, E-City, Raviryala & Srinagar (V), Maheswaram (M), R.R.District, Telangana - 501359 R&D Centre: Plot No. 51(P), Bangalore Aerospace Park, Singanahalli Village, Budigere Post, Bangalore North Taluk, Karnataka - 562149 Objects for which funds have been raised and where there has been a deviation, in the following table: Amount of Original Modified Funds Modified DeviationNariation Allocation allocation, Utilised Remarks Sr. Original Object Object, for the quarter (Rs. In if any (Rs. (Rs. In if any if any according to Crores) In Crores) Crores) applicable object 1 Fund being raised Nil 130.50 0.00 40.00 0.00 to meet the Working Capital Requirements 2 General Corporate Nil 43.49 0.00 3.49 0.00 Nil Purposes (25%) Total 173.990) 0.00 43.49(2) 0.00 Nil "Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed or (c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc" (1) It is the total issue size. However, as on June 30, 2025, company has received 25% of the issue size i.e. INR 43.49 Crores (INR 216/warrant for 20,13,885 warrants), as upfront consideration/subscription amount. Balance 75% (INR 648/warrant) will be received as and when the conversion option is exercised by the warrant holder to convert warrants into equity shares during the tenure of 18 months of the warrant (2) Funds of INR 43.49 Crores received on 30th June, 2025 and the same is fully utilized during the quarter ended 30th September, 2025. During the quarter ended 30th June, 2026, the company has not raised any issue proceeds (conversion option not opted by the warrant holder). For Astra Microwave Products Limited Srinivasarao Devathi Chief Financial Officer Place: Hyderabad Date: 10.08.2026