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 22, 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 Dalal Street, Fort, Mumbai -400 001 (East), Mumbai 400 051 Scrip code: 532493 Scrip code: ASTRAMICRO Dear Sir/Madam, Sub: Submission of 35th Annual Report of the Company for the financial year ended 31st March, 2026. This is further to our letter dated 10th August, 2026 wherein it was informed that the Annual General Meeting (AGM) of the Company is scheduled to be held on 18th September, 2026. In terms of Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith Annual Report of the Company for the financial year ended 31st March, 2026. The Annual Report for the financial year 2025-26 is being sent to the shareholders electronically who have registered their email IDs. The same is also available on the Company’s website at https://astramwp.com/agm-reports. Brief details of AGM are as under: Date & Time 18th September, 2026; 3.00 P.M. IST Mode Video Conference / Other Audio-Visual Means Cut-off date 11th September, 2026 e-voting start date & time 14th September, 2026, 9.30 A.M. IST e-voting end date & time 17th September, 2026, 5.00 P.M. IST We request you to kindly take the same on record. 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 Annual Report 2025-26 FUTURISTIC ASTRA Disclaimer This document contains statements about expected future events and financials of Astra Microwave Products Limited, which are forward-looking. By their nature, forward-looking statements require the Company to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the assumptions, predictions and other forward-looking statements may not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as several factors could cause assumptions, actual future results and events to differ materially from those expressed in the forward-looking statements. Accordingly, this document is subject to the disclaimer and qualified in its entirety by the assumptions, qualifications and risk factors referred to in the Management Discussion and Analysis of this Annual Report. Contents 02 Corporate snapshot 06 Snapshot of our Consolidated Financial 12 The new grammar of power 16 A transformative decade for India's defence ecosystem and policies 20 Managing Director's performance review 24 An important post Balance Sheet development 26 Joint Managing Director's performance review 30 Financial review 36 Radar Electronics 38 Electronic Warfare 40 Telemetry 42 Space Electronics 44 Meteorology 46 Our governance framework 48 Integrated value-creation 50 Astra's manufacturing competence 52 Our R&D capabilities 56 AMPL engineering India’s strategic defence future 62 Quick Information 64 Notice 89 Directors' Report 120 Business Responsibility and Sustainability Reporting 163 Report on Corporate Governance 186 Management discussion and analysis 194 Standalone Financial Statement 264 Consolidated Financial Statement FUTURISTIC ASTRA At Astra Microwave, we believe that the future does not arrive suddenly – it is built patiently, decision by decision. The Company is strengthening its readiness for what lies ahead. It is investing in futuristic technologies, people capabilities and institutionalised systems that will define its next growth phase. The objective: remain relevant, resilient and ready for emerging opportunities in the areas of defence, space, weather and advanced electronics. This is how the Company seeks to shape its future – sustainably and responsibly – to create sustained value for all stakeholders. Astra Microwave Products Limited Annual Report 2025-26 C O R P O R A T E S N A P S H O T ASTRA MICROWAVE PRODUCTS LIMITED. Securing Today. Vision Shaping Tomorrow. To be a global name in Defence, Aerospace and Strategic electronics built on The Company is a leading Indian propriety technology, powering developer and manufacturer of high- a self-reliant India and serving the world. performance RF and microwave modules, sub-systems and systems. It continues to support India’s strategic sectors through its participation in Our background critical defence, space and radar-based Astra Microwave Products Limited (AMPL) was established in 1991 by a group of eminent programmes. scientists with an expertise in RF, microwave and digital electronics, along with strong capabilities It designs and manufactures products in project management. that address stringent MIL-STD and Over the past three decades, the Company has space-grade standards, supported by evolved into a recognised player in India’s defence sustained investments in research and and space electronics ecosystem. development. Guided by a strong technology-driven approach, the Company has consistently invested in It has progressively expanded its advanced infrastructure, skilled talent and in- house testing capabilities. These investments portfolio across radar electronics, have enabled AMPL to progressively climb the electronic warfare and satellite value chain, expanding its range of products, sub-systems and system-level solutions while communication technologies. strengthening its presence across strategic sectors. It is strengthening its position as an Astra Microwave Products Limited has evolved IP-driven, lead systems integrator (LSI) from a component manufacturer into an and integrated solutions provider, extensively integrated, IP-driven systems owning design intellectual property and manufacturer. This transition has been driven by a strategic focus on indigenous technology expanding its system-level capabilities development, particularly in Active Electronically and strategic collaborations. Scanned Array (AESA) radars, electronic warfare and weather systems. It remains committed to innovation, The Company has progressively moved from indigenous technology development and sub-systems to complete systems integration, supported by dedicated system-level R&D supporting India’s vision of self-reliance infrastructure, including its Near-Field Test in defence and space electronics. Range facility in Bengaluru. It now offers end-to- end solutions across radar, electronic warfare, telemetry and satellite electronics. Our locations E-City: Survey No. 114/1, Plot No. S-2/9 dedicated R&D centres in Hyderabad and 10, E-City, Raviryala, Srinagar V, and Bengaluru. These facilities enable Unit I: Plot No. 12, ANRICH Industrial Maheshwaram Mandal, Rangareddy the Company to design, manufacture Estate, Miyapur, IDA Bollarum, Medak (Dist.), Telangana – 501 359 and test high-performance RF and (Dist.), Telangana – 502 325 microwave products for [Showing first 8,000 characters — download PDF for full document]