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As on : 12-Nov-2026
Corporate News
12-Nov-2026      17:13

Highness Microelectronics seeks shareholder approval for equity share allotment to nine allottees

Highness Microelectronics Limited is seeking shareholder approval for a preferential allotment of equity shares to nine allottees, including Aditya Chokhra, Anil Kumar Jain, and Gaurav Kejriwal. The valuation report, prepared by Aditya Chokhra and dated November 5, 2026, following a valuation as of November 4, 2026, is available on the company’s website. The allotment will adhere to SEBI (ICDR) Regulations and will not result in a change in control of the company or involve the charging of any securities. Highness Microelectronics has not made a preferential allotment during the financial year 2026-27 and is not making an offer to foreign entities. Shareholders will vote on a special resolution to approve the allotment, with details and supporting documentation accessible via links provided on the company’s investor relations page.

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