Outcome of Board Meeting.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Highness Microelectronics reported strong FY2026 results with profit after tax of Rs 41.04 crore, up 67% from Rs 24.58 crore in FY2025. Revenue grew 14.5% to Rs 161.19 crore from Rs 140.74 crore. The company listed on BSE SME platform in April 2026 through an IPO raising Rs 216.72 crore at Rs 120 per share. Cash position surged to Rs 218.06 crore from Rs 1.13 crore, largely from IPO proceeds. EPS improved to Rs 7.95 from Rs 4.76. The Board appointed M/S Satya Gandhi & Co as Internal Auditor and M/S Chetan Mandlia & Associates as Secretarial Auditor for FY2026-27. Ms. Gouri Apoorva was appointed Company Secretary effective June 25, 2026, succeeding Mrs. Preeti Rathi who resigned from June 24, 2026 for personal reasons. Statutory auditors gave an unmodified (clean) opinion on the financial statements.
Strong financial performance with 67% profit growth and successful IPO listing signals healthy business momentum. The clean audit opinion and appointment of qualified auditors reinforce governance standards, which is positive for investor confidence. Management transition at the Company Secretary level appears routine with smooth handover planned.