Highness Microelectronics Ltd

Highness Microelectronics Limited informed the BSE Limited that its board of directors approved convening the 19th Annual General Meeting on Thursday, September 10, 2026, at 12:00 noon via video conferencing or other audio-visual means, according to a regulatory filing on Wednesday, August 12, 2026.

Highness Microelectronics Limited (BSE – SME: 544741) received a purchase order for approximately Rs 1.07 crore (inclusive of taxes and freight) from a leading technology and automation solutions company for the supply of ruggedized displays for ticket vending machines to be deployed at metro and urban mobility stations. The order, which reflects Highness Microelectronics' capabilities in designing and manufacturing rugged display solutions, reinforces the company’s position as a domestic electronics manufacturing partner and strengthens its presence in the urban mobility infrastructure segment.

Highness Microelectronics Ltd. is down 1.84% to Rs 173.0 today, continuing a recent decline that has seen the stock slip 1.70% over the last one week. Highness Microelectronics Limited announced it has received a purchase order for approximately Rs 1.07 Crore to supply ruggedized displays for Ticket Vending Machines (TVM) to be deployed at metro and urban mobility stations, with execution slated between September 5, 2026, and September 10, 2026. The order was awarded by a domestic entity, a leading technology and automation solutions company in the transportation and digital infrastructure sector, and does not involve any related party transactions or promoter group interests. The company disclosed this information in compliance with SEBI’s Listing Regulations. Trading volume reached 4800 shares today, a decrease of 83.33% compared to the one-week average volume. Highness Microelectronics Ltd remained flat year-over-year, outperforming the NIFTY50 index's 0.1% loss.

Highness Microelectronics will hold a meeting of the Board of Directors of the Company on 30 May 2026.

The scrip was listed at Rs 125, a 4.17% premium to the initial public offer (IPO) price. The stock is currently up 1.80% over its listing price. The counter hit a high of Rs 130 and a low of Rs 125. About 8.26 lakh shares of the company changed hands at the counter. Highness Microelectronics' IPO was subscribed 180.33 times. The issue opened for bidding on 24 March 2026 and it closed on 27 March 2026. The price band of the IPO was fixed between Rs 114 to Rs 120 per share. The IPO comprised 18,06,000 equity shares, including a fresh issue of 16,53,600 equity shares and offer for sale (OFS) of 1,52,400 equity shares. The promoter and promoter group shareholding diluted to 64.96% from 99.90% pre-offer. The company intends to utilise the net proceeds for funding the capital expenditure requirements of the company, funding the working capital requirement of the company, repayment or prepayment, in full or part, of borrowing availed by the company and general corporate purposes. Ahead of the IPO, Highness Microelectronics on 23 March 2026, raised Rs 6.13 crore from anchor investors. The board allotted 5.11 lakh shares at Rs 120 each to 3 anchor investors. Highness Microelectronics designs and manufactures digital imaging solutions, offering both ready-made products and customized solutions. Its portfolio includes display components like TFT/LCD modules, touchscreens, controllers, and related hardware, along with specialized display systems for industries such as healthcare, railways, automotive, industrial automation, and defence. As of 31 December 2025, the company had a total of 47 employees. The company recorded revenue from operations of Rs 14.13 crore and net profit of Rs 3.41 crore for the period ended 31 December 2025.