Announced Sat, 30 May · 16:40 IST

Appointment of Secretarial Auditor of the Company

Kmp ResignedManagement Changes View source PDF

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▲ 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
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-6.4-6.6-6.3-4.2-10.6-7.7-5.3+3.6+2.0+8.6+6.8+25.6
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AI summary

Highness Microelectronics Limited held a Board meeting on May 30, 2026, approving several items including audited financial results for FY 2025-26. The company reported strong performance with revenue from operations of Rs 161.19 crore (up 15% from Rs 140.74 crore) and profit after tax of Rs 41.04 crore (up 67% from Rs 24.58 crore). EPS improved to Rs 7.95 from Rs 4.76. The company appointed M/S Chetan Mandlia & Associates as Secretarial Auditor and M/S Satya Gandhi & Co as Internal Auditor for FY 2026-27. Additionally, Ms. Gouri Apoorva was appointed as Company Secretary and Compliance Officer effective June 25, 2026, succeeding Mrs. Preeti Paresh Rathi who resigned from the same role effective June 24, 2026 citing personal reasons. The company recently completed its IPO in April 2026, raising Rs 216.72 crore.

Likely market impact

The resignation and appointment of the Company Secretary represents a routine KMP transition. The strong financial performance with 67% profit growth and successful IPO completion are positive signals for investors. Statutory auditors issued an unmodified opinion.