05-Nov-2026 19:14:38

HIGHNESSGeneral news

HIGHNESS MICRO : PREFERENTIAL ISSUE WORTH OVER RS 10.84 CR

• Board approved preferential issue of up to 3,44,000 equity shares of face value ₹10 each at ₹315 per share • Issue aggregates to ₹10.84 Cr, including a premium of ₹305 per share • Identified proposed allottees include India Equity Fund, Avora SME Fund 1 and individual investors • Promoter holding to decline to 60.90% from 64.96% post allotment; public holding to rise to 39.10% from 35.04% • Issue subject to members' approval at the EGM scheduled December 04, 2026

Highness Microelectronics Ltd

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