Announced Sat, 30 May · 16:29 IST

Appointment of Internal Auditor of the Company

Kmp ResignedManagement Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-10.6%1-day move
₹151.00
prior close
₹151.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-6.4-6.6-6.3-4.2-10.6-7.7-5.3+3.6+2.0+8.6+6.8+25.6
Up moveDown movePending
AI summary

Highness Microelectronics held a board meeting on May 30, 2026 and approved several items: audited financial results showing strong growth with profit after tax of ₹41.04 million (up 67% from ₹24.58 million), revenue of ₹161.19 million, and EPS of ₹7.95. The company also appointed M/S Satya Gandhi & Co as Internal Auditor for FY 2026-27, M/S Chetan Mandlia & Associates as Secretarial Auditor, and Ms. Gouri Apoorva as Company Secretary (effective June 25, 2026). Current Company Secretary Mrs. Preeti Paresh Rathi resigned effective June 24, 2026 for personal reasons, creating a seamless 1-day transition. The company also completed its IPO recently and listed on BSE SME platform.

Likely market impact

The company demonstrates strong financial growth post-IPO with nearly 67% profit increase. The resignation and replacement of the Company Secretary represents routine governance transition with minimal disruption. No adverse signals for shareholders.