Highness Microelectronics Approves Preferential Issue

Highness Microelectronics Ltd's Board of Directors has approved a preferential issue of up to 3,44,000 equity shares at ₹315 per share, aggregating to ₹10,83,60,000 (₹10.84 Crore). This is subject to shareholder and regulatory approvals. The board also reviewed the unaudited financial results for the half-year ended September 30, 2026. An Extraordinary General Meeting is scheduled for December 04, 2026, to seek member approval for the preferential issue. Mr. Chetan T. Mandlia has been appointed as the Scrutinizer for the e-voting process.