  We present results from timing and spectral analysis of the HMXB X-ray pulsar
IGR J19294+1816 observed using \asr during its recent Type-I outburst in
October, 2019. AstroSat observations sampled the outburst at the decline phase
right after the outburst peak. We carried out timing analysis on the light
curves obtained using the Large Area X-ray Proportional Counter (LAXPC)
instrument on board AstroSat and measured a spin period of
12.485065$\pm$0.000015 s. The peak in the power density spectrum (PDS)
corresponding to the spin period of 12.48 s also shows a broadened base. We
also detected a Quasi Periodic Oscillation (QPO) feature at 0.032$\pm$0.002 Hz
with an RMS fractional amplitude of $\sim$18% in the PDS. We further carried
out a joint spectral analysis using both the Soft X-ray Telescope (SXT) and the
LAXPC instruments and detected a Cyclotron Resonant Scattering Feature (CRSF)
at 42.7$\pm$0.9 keV and an Fe emission line at 6.4$\pm$0.1 keV. IGR
J19294+1816, being an intermediate spin pulsar, has exhibited a plethora of
spectral and timing features during its most recent 2019 outburst, adding it to
the list of transients that exhibit both a QPO as well as a CRSF.
