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Astra Microwave Products is engaged in the business of design, development and manufacture of sub-systems for Radio Frequency and microwave systems used in defense, space, meteorology and telecommunication.
Astra Microwave's long-term bank facilities and Corporate Credit Rating were upgraded by CRISIL Ratings to "CRISIL A+/Stable" from "CRISIL A/ Positive." The short-term bank facilities were reaffirmed at "CRISIL A1." This upgrade signals improved creditworthiness and a stable outlook for the company's financial health.