Astra Microwave approves bonus issue & stock split

The board of Astra Microwave Products at its meeting held on July 25, 2005, has approved the issue of bonus shares in the ratio of 1:1 (i.e one equity share for one share held).

According to a release issued by Astro Micro to the BSE, the board has also given its nod for a stock split in the ratio of 1:5 ( sub-division of equity shares of Rs 10 each into Rs 2 each).