Antariksh Industries Limited has announced a board meeting to consider the financial results for the quarter and half-year.

Meanwhile, a Share Purchase Agreement has been signed between the company’s specified promoters and an acquirer, under which 51.70% equity shares will be transferred for Rs. 96 per share, totaling Rs. 99.26 lakh.

This deal will lead to a change in management and control, with the current promoters ceasing to be promoters and being reclassified as public shareholders.

The company's board composition will also change accordingly, impacting its governance and strategic direction.