HIGHNESS MICROELECTRONICS LIMITED

Date: 30th May, 2026

To,
BSE Limited Listing & Compliance Department
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai, 400001,
Maharashtra, India

Company Symbol: HIGHNESS
Company Scrip Code: 544741
Company ISIN: INE1KI801019

Subject: Outcome of Board Meeting - Regulations 30 and 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the 'Listing Regulations')

Dear Sir / Madam,

With reference to the captioned subject and pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in furtherance to our intimation dated May 23, 2026, we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e., Saturday, May 30 2026, at the registered office which commenced at 11:40 a.m and concluded at 12:32 p.m. of the Company, has, inter alia, considered and approved the following business items:

Standalone Audited Financial Results of the Company along with Auditor Report thereon for the half year and financial year ended March 31, 2026.- Annexure I
Appointment of Internal Auditor of the Company
The Board of Directors appointed M/S Satya Gandhi & Co, Chartered Accountants Firm, as the Internal Auditor of the Company to conduct the Internal Audit for the financial year 2026–27- Annexure II
Appointment of Secretarial Auditor of the Company
The Board of Directors appointed M/S Chetan Mandlia & Associates, as the Secretarial Auditor of the Company to conduct the Secretarial Audit for the financial year 2026–27- Annexure III
Appointment of Company Secretary and Compliance Officer of the Company
The Board of Directors appointed Ms. Gouri Apoorva, as the Company Secretary and Compliance Officer of the Company w.e.f 25th June, 2026.- Annexure IV

Registered Office :1C3, Gundecha Onclave, Sakinaka, Mumbai- 400 072 INDIA
Factory: R-364, TTC Industrial Area, Rabale, Mumbai- 400 701 INDIA
Contact No. +91- 22- 2850 7123, Fax: 91 22 4026 4263
URL: www.highnessmicro.com. Email: [email protected]
CIN : L72900MH2007PLC173854

HIGHNESS MICROELECTRONICS LIMITED

Resignation of Company Secretary and Compliance Officer of the Company
Mrs. Preeti Paresh Rathi will resign from the post of Company Secretary and Compliance Officer of the Company from the close of working hours of 24th June, 2026.- Annexure V

Request you to kindly take this on record

For Highness Microelectronics Limited

GAURAV
Digitally signed by
GAURAV KEJRIWAL
Date: 2026.05.30
12:38:27 +05'30'

KEJRIWAL

Gaurav Kejriwal
Managing Director
DIN: 01506981

HIGHNESS MICROELECTRONICS LIMITED

Statement of Audited financials for Half year 6 year ended March 31 2026

| Particulars | Notes | Half year ended
31st March 2026
(Audited)
(In '000 Rupees) | Half year ended
31st March 2025
(Audited)
(In '000 Rupees) | Half year ended
30th September
2025
(Unaudited)
(In '000 Rupees) | 31st March 2026
(In '000 Rupees)
(Audited) | 31st March 2025
(In '000 Rupees)
(Unaudited) |
| --- | --- | --- | --- | --- | --- | --- |
| Income | | | | | | |
| Revenue from Operations (Net) | 19 | 87,702.41 | 60,201.21 | 73,489.46 | 1,61,191.87 | 1,40,737.82 |
| Other income | 20 | 7,772.51 | 501.63 | 210.59 | 7,983.10 | 1,000.29 |
| Total Income (I) | | 95,474.92 | 60,702.84 | 73,700.05 | 1,69,174.98 | 1,41,738.10 |
| Expenses | | | | | | |
| Cost of Materials Consumed/ Cost of Goods Purchased | 21 | 35,743.75 | 43,390.03 | 24,466.77 | 60,210.52 | 61,979.46 |
| Changes in Inventories | 22 | -29,553.69 | -13,024.27 | 1,748.73 | -27,804.96 | -18,471.04 |
| Employee Benefits | 23 | 15,736.66 | 10,621.08 | 13,451.51 | 29,188.17 | 17,492.53 |
| Other Expenses | 24 | 17,294.59 | 8,578.15 | 16,127.15 | 33,421.74 | 34,548.94 |
| Finance Costs | 25 | 5,674.62 | 3,798.51 | 4,614.03 | 10,288.65 | 4,258.73 |
| Depreciation and Amortization Expense | 11 | 9,129.68 | 8,075.04 | 1,283.83 | 10,413.52 | 9,269.38 |
| Total Expenses (II) | | 54,025.61 | 61,438.54 | 61,692.02 | 1,15,717.64 | 1,09,077.99 |
| Profit before tax (I-II) | | 41,449.31 | -735.70 | 12,008.03 | 53,457.34 | 32,660.11 |
| Tax expenses | | | | | | |
| Current Tax | | 10,580.90 | - | 3,031.00 | 13,611.90 | 8,436.36 |
| Deferred Tax | | -954.05 | -201.79 | -239.71 | -1,193.75 | -358.34 |
| Total tax expense | | 9,626.85 | -201.79 | 2,791.29 | 12,418.15 | 8,078.03 |
| Profit for the year | | 31,822.46 | -533.91 | 9,216.74 | 41,039.19 | 24,582.08 |
| Earnings per share (51,63,600 Equity Shares of Rs. 10 each) | | | | | | |
| Basic | | 6.16 | -0.10 | 1.78 | 7.95 | 4.76 |
| Diluted | | 6.16 | -0.10 | 1.78 | 7.95 | 4.76 |
| (Restated post bonus issue for past years) | | | | | | |

Note: EPS for the respective half-year periods have not been annualised

For and on behalf of the Board of Directors

Highness Microelectronics Limited

(CIN: U72900MH2007PTC173854)

Gaurak Kejriwal

Managing Director

DIN: 01506981

Place: Mumbai

Date: 30th May, 2026

Registered Office :1C3, Gundecha Onclave, Sakinaka, Mumbai- 400 072 INDIA

Factory: R-364, TTC Industrial Area, Rabale, Mumbai- 400 701 INDIA

Contact No. +91- 22- 2850 7123, Fax: 91 22 4026 4263

URL: www.highnessmicro.com. Email: [email protected]

CIN : L72900MH2007PLC173854

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HIGHNESS MICROELECTRONICS LIMITED

NOTES:

The above Financial Results which are published in accordance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015 have been reviewed and recommended by the Audit Committee and have been approved by the Board of Directors at its Meeting held on May 30, 2026.
During the year, the Company completed allotment of its Initial Public Offer (IPO) aggregating to ₹216,720 thousand comprising a fresh issue of 16,53,600 equity shares of ₹10 each & OFS for 152,400/- shares at an issue price of ₹120 per share. The equity shares were listed on the SME platform of BSE Limited with effect from 2nd April 26. The Financial results for the period has been prepared in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Basic earnings per share is calculated by dividing the profit after tax attributable to equity shareholders by the weighted average number of equity shares outstanding during the period. The net profit for the period attributable to equity shareholders and the weighted average number of the shares outstanding during the period are adjusted for the effects of all dilutive potential equity shares.
There are no investor complaints received/pending as on March 31, 2026.
The Financial Results have been subjected to an audit by the Statutory Auditors of the Company and they have expressed an unmodified audit opinion.
The Company is primarily engaged in a single business segment, namely the design, development, integration, assembly and manufacture of digital imaging solutions.
The accompanying financial results include the results for the half year ended March 31, 2026 being the balancing figure between the audited figures in respect of the full financial year and the unaudited year to date figures up to the first half year ended as on 30th September, 2025 of the current financial year.
Parallel, the accompanying financial results include the results for the half year ended March 31, 2025 being the balancing figure between the audited figures in respect of the full financial year and the unaudited year to date figures up to the first half year ended as on 30th September, 2024 of the previous financial year.
As the company is listed on SME Platform of BSE, it has been exempted from the applicability of IND-AS as per the proviso to rule 4 of companies (Indian Accounting Standards) Rules, 2015.
Previous Period/Years Figures have been regrouped and rearranged wherever necessary to correspond with the Current Period/ Classification.
The results for the half year and year ended 31st March 2026 are available on the BSE Limited website (URL: www.bseindia.com) and also on the company's website (URL: https://highnessmicro.com)

For Highness Microelectronics Limited

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HIGHNESS MICROELECTRONICS LIMITED

Audited Statement of Assets & Liabilities As on 31st March 2026

| Particulars | Notes | 31st March 2026
(In '000 Rupees)
(Audited) | 31st March 2025
(In '000 Rupees)
(Audited) |
| --- | --- | --- | --- |
| EQUITY AND LIABILITIES | | | |
| Shareholder's funds | | | |
| Share Capital | 3 | 51,636.00 | 35,100.00 |
| Reserves and Surplus | 4 | 2,20,008.24 | 24,838.66 |
| | | 2,71,644.24 | 59,938.66 |
| Non-current liabilities | | | |
| Long Term Borrowings | 5 | 18,770.05 | 21,532.86 |
| Long Term Provisions | 6 | 2,325.55 | 1,836.30 |
| | | 21,095.60 | 23,369.17 |
| Current liabilities | | | |
| Short-Term Borrowings | 7 | 60,664.35 | 27,742.07 |
| Trade Payables | 8 | | |
| (a) Total outstanding due of MSME | | 1,691.95 | 911.92 |
| (a) Total outstanding due of others | | 43,167.86 | 10,096.85 |
| Other Current Liabilities | 9 | 37,122.20 | 5,872.98 |
| Short Term Provisions | 10 | 23,383.58 | 9,359.15 |
| | | 1,66,029.95 | 53,982.97 |
| TOTAL | | 4,58,769.78 | 1,37,290.80 |
| ASSETS | | | |
| Non-current assets | | | |
| Property, Plants & Equipments | | | |
| Tangible Assets | 11 | 9,730.64 | 6,665.82 |
| Intangible Assets | 12 | 23,805.45 | 16,181.13 |
| Long term Loans and Advances | 13 | 3,934.02 | 2,332.69 |
| Deferred Tax Asset (Net) | 31 | 1,893.35 | 699.60 |
| | | 39,363.47 | 25,879.23 |
| Current assets | | | |
| Inventories | 14 | 84,332.52 | 56,527.56 |
| Trade Receivables | 15 | 1,03,656.29 | 42,006.31 |
| Cash and Cash Equivalents | 16 | 2,18,063.84 | 1,126.15 |
| Short term Loans and Advances | 17 | 6,008.80 | 4,437.67 |
| Other Current Assets | 18 | 7,344.88 | 7,313.88 |
| | | 4,19,406.32 | 1,11,411.57 |
| TOTAL | | 4,58,769.79 | 1,37,290.80 |

For and on behalf of the Board of Directors
Highness Microelectronics Limited
(CIN: U72900MH2007PTC173854)

Gaurav Kejriwal
Managing Director
DIN: 01506981
Place: Mumbai
Date: 30th May, 2026

Registered Office: 1C3, Gundecha Onclave, Sakinaka, Mumbai- 400 072 INDIA
Factory: R-364, TTC Industrial Area, Rabale, Mumbai- 400 701 INDIA
Contact No. +91- 22- 2850 7123, Fax: 91 22 4026 4263
URL: www.highnessmicro.com. Email: [email protected]
CIN : L72900MH2007PLC173854
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HIGHNESS MICROELECTRONICS LIMITED

Audited Cash flow statement for the year ended 31st March 2026

| Particulars | 31st March 2026
(in 2008 Rupees) | 31st March 2025
(in 2007 Rupees) |
| --- | --- | --- |
| | In Rupees | In Rupees |
| Cash Flow From Operating Activities | | |
| Net Profit Before tax | 53,457.34 | 32,660.11 |
| Adjustments for: | | |
| Depreciation | 10,413.52 | 9,269.38 |
| Finance Costs | 10,288.65 | 4,258.73 |
| Interest Income | -474.53 | -44.22 |
| Sundry balances W/off | - | 498.50 |
| Gratuity expenses | 489.24 | 391.80 |
| Unrealised Foreign Exchange gain | -7,161.76 | -336.24 |
| Other Non-Operating Income | | |
| Operating Profit before Working Capital Changes | 67,012.46 | 46,698.06 |
| Adjustments for Changes in Working Capital | | |
| (Increase)/ Decrease in Trade Receivables | -54,488.22 | -40,679.38 |
| (Increase)/ Decrease in Short Term Loans & Advances | -1,571.13 | -4,367.67 |
| (Increase)/ Decrease in Long Term Loans & Advances | -1,601.34 | -354.33 |
| (Increase)/ Decrease in Other Current Assets | -31.00 | 10,940.03 |
| Increase/ (Decrease) in Trade Payables | 33,851.04 | 5,492.18 |
| Increase/ (Decrease) in Short Term Provisions | 1,485.10 | 4,742.42 |
| Increase/ (Decrease) in Other Current Liabilities | 31,249.22 | -6,262.35 |
| (Increase)/ Decrease in Inventories | -27,804.96 | -18,471.04 |
| Cash Generated from/ (used in) Operations before Extraordinary Items | 48,101.18 | -2,262.07 |
| Cash Flow from Extraordinary Items | | |
| Cash Generated from Operations | 48,101.18 | -2,262.07 |
| Taxes Paid (net of refunds) | -1,072.57 | -11,991.96 |
| Net Cash from/ (used in) Operating Activities (A) | 47,028.61 | -14,254.03 |
| Cash Flow from Investing Activities | | |
| Purchase of fixed assets including capital advances | -21,102.66 | -18,500.75 |
| Interest Received | 474.53 | 44.22 |
| Net cash from/ (used in) Investing activities (B) | -20,628.13 | -18,456.53 |
| Cash flow from Financing Activities | | |
| Proceeds from Issue of Share capital | 16,536.00 | |
| Share issue premium | 1,54,130.39 | |
| Repayment of Long Term Borrowings | -2,762.81 | 17,913.76 |
| Proceeds from other Short-term Borrowings | 32,922.28 | 17,566.26 |
| Finance Cost | -10,288.65 | -4,258.73 |
| Net cash from/ (used in) Financing Activities (C) | 1,90,537.21 | 31,221.29 |
| Net Increase/ (decrease) in Cash and Cash Equivalents (A+B+C) | 2,16,937.69 | -1,489.27 |
| Cash and cash equivalents- opening balance | 1,126.15 | 2,615.42 |
| Cash and cash equivalents- closing balance | 2,18,063.84 | 1,126.15 |
| Notes: | 2,026 | 2,025 |
| (1) Cash and Cash Equivalents | | |
| - Balances with banks: | | |
| In Fixed Deposits | | |
| In Current account | 2,17,843.64 | 900.30 |
| Cash on hand | 220.19 | 225.86 |
| | 2,18,063.84 | 1,126.15 |
| For and on behalf of the Board of Directors | | |
| Highness Microelectronics Limited | | |
| (CIN: U72900MH2007PTC173854) | | |
| Gaurav Kejriwal | | |
| Managing Director | | |
| (CIN: 01566981) | | |
| Place: Mumbai | | |
| Date: 30th May, 2026 | | |

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HIGHNESS MICROELECTRONICS LIMITED

Statement of Audited Feasibility for Half year & year ended March 31 2026

Particulars	Notes	Half year ended 31st March 2026 (Audited) (in 500 Rupees)	Half year ended 31st March 2025 (Audited) (in 500 Rupees)	30th September 2025 (Unaudited) (in 500 Rupees)	31st March 2026 (in 500 Rupees) (Audited)	31st March 2025 (in 500 Rupees) (Unaudited)
Income
Revenue from Operations (Ft)	19	87,702.41	60,201.21	72,491.46	1,61,191.87	1,40,727.82
Other Income	20	7,772.51	501.63	210.59	7,992.10	1,000.21
Total Income (I)		95,474.92	60,702.84	72,700.05	1,69,174.98	1,41,728.10
Expenses
Cost of Materials Consumed/ Cost of Goods Purchased	21	25,745.75	43,390.03	24,466.77	60,210.52	61,979.46
Changes in Inventories	22	-29,553.69	-13,024.27	1,748.72	-27,004.96	-18,471.04
Employee Benefits	23	15,736.66	10,621.08	13,451.51	29,108.17	17,492.53
Other Expenses	24	17,294.59	8,578.15	16,127.15	22,421.74	24,548.94
Finance Costs	25	5,674.62	3,798.51	4,614.03	10,208.65	4,258.73
Depreciation and Amortization Expense	11	9,128.68	8,075.04	1,283.83	10,413.52	9,269.38
Total Expenses (II)		54,025.61	61,438.54	61,692.82	1,15,717.64	1,09,077.99
Profit before tax (I-II)		41,449.31	-735.70	12,008.03	53,457.34	22,660.11
Tax expenses
Current Tax		10,580.90	-	3,021.00	13,611.90	8,436.36
Deferred Tax		-954.05	-201.79	-229.71	-1,193.75	-758.34
Total tax expense		9,626.85	-201.79	2,791.29	12,418.15	8,078.03
Profit for the year		31,822.46	-532.91	9,216.74	41,039.19	24,582.08
Earnings per share (51,63,600 Equity Shares of Rs. 10 each)
Basic		6.16	-0.10	1.78	7.95	4.76
Diluted		6.16	-0.10	1.78	7.95	4.76
(Restated post bonus issue for past years)

Note: EPS for the respective half-year periods have not been annualised

For and on behalf of the Board of Directors

Highness Microelectronics Limited

(CIN: U72900MH2007PTC173854)

Source: Retrieval

Managing Director

DIN: 01506981

Place: Mumbai

Date: 30th May, 2026

For JAIN VINAY & ASSOCIATES

Chartered Accountants

UdIN: 26403919YAATWM5964

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HIGHNESS MICROELECTRONICS LIMITED

NOTES:

The above Financial Results which are published in accordance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015 have been reviewed and recommended by the Audit Committee and have been approved by the Board of Directors at its Meeting held on May 30, 2026.
During the year, the Company completed allotment of its Initial Public Offer (IPO) aggregating to ₹216,720 thousand comprising a fresh issue of 16,53,600 equity shares of ₹10 each & OFS for 152,400/- shares at an issue price of ₹120 per share. The equity shares were listed on the SME platform of BSE Limited with effect from 2nd April 26. The Financial results for the period has been prepared in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Basic earnings per share is calculated by dividing the profit after tax attributable to equity shareholders by the weighted average number of equity shares outstanding during the period. The net profit for the period attributable to equity shareholders and the weighted average number of the shares outstanding during the period are adjusted for the effects of all dilutive potential equity shares.
There are no investor complaints received/pending as on March 31, 2026.
The Financial Results have been subjected to an audit by the Statutory Auditors of the Company and they have expressed an unmodified audit opinion.
The Company is primarily engaged in a single business segment, namely the design, development, integration, assembly and manufacture of digital imaging solutions.
The accompanying financial results include the results for the half year ended March 31, 2026 being the balancing figure between the audited figures in respect of the full financial year and the unaudited year to date figures up to the first half year ended as on 30th September, 2025 of the current financial year.
Parallel, the accompanying financial results include the results for the half year ended March 31, 2025 being the balancing figure between the audited figures in respect of the full financial year and the unaudited year to date figures up to the first half year ended as on 30th September, 2024 of the previous financial year.
As the company is listed on SME Platform of BSE, it has been exempted from the applicability of IND-AS as per the proviso to rule 4 of companies (Indian Accounting Standards) Rules, 2015.
Previous Period/Years Figures have been regrouped and rearranged wherever necessary to correspond with the Current Period/Classification.
The results for the half year and year ended 31st March 2026 are available on the BSE Limited website (URL: www.bseindia.com) and also on the company's website (URL: https://highnessmicro.com)

For Highness Microelectronics Limited

For JAIN VINAY & ASSOCIATES
Chartered Accountants

PARTNER

UDIN: 26403919 YAATWMS964

Registered Office: 1C3, Gundecha Onclave, Sakipaka, Mumbai- 400 072 INDIA
Factory: R-364, TTC Industrial Area, Rabale, Mumbai- 400 701 INDIA
Contact No. +91-22-2850 7123, Fax: 91 22 4026 4263
URL: www.highnessmicro.com. Email: [email protected]
CIN: L72900MH2007PLC173854
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HIGHNESS MICROELECTRONICS LIMITED

Audited Statement of Assets & Liabilities As on 31st March 2026

| Particulars | Notes | 31st March 2026
(in 2000 Rupees)
(Audited) | 31st March 2026
(in 2000 Rupees)
(Audited) |
| --- | --- | --- | --- |
| EQUITY AND LIABILITIES | | | |
| Shareholder's funds | | | |
| Share Capital | 3 | 51,636.00 | 35,100.00 |
| Reserves and Surplus | 4 | 2,20,008.24 | 24,838.66 |
| | | 2,71,644.24 | 59,938.66 |
| Non-current liabilities | | | |
| Long Term Borrowings | 5 | 18,770.05 | 21,532.86 |
| Long Term Provisions | 6 | 2,325.55 | 1,836.30 |
| | | 21,095.60 | 23,369.17 |
| Current liabilities | | | |
| Short-Term Borrowings | 7 | 60,664.35 | 27,742.07 |
| Trade Payables | 8 | | |
| (a) Total outstanding due of MSME | | 1,691.95 | 911.92 |
| (a) Total outstanding due of others | | 43,167.86 | 10,096.85 |
| Other Current Liabilities | 9 | 37,122.20 | 5,872.98 |
| Short Term Provisions | 10 | 23,383.58 | 9,359.15 |
| | | 1,66,029.95 | 53,982.97 |
| | | 4,58,769.78 | 1,37,290.80 |
| TOTAL | | | |
| ASSETS | | | |
| Non-current assets | | | |
| Property, Plants & Equipments | | | |
| Tangible Assets | 11 | 9,730.64 | 6,665.82 |
| Intangible Assets | 12 | 23,805.45 | 16,181.13 |
| Long term Loans and Advances | 13 | 3,934.02 | 2,332.69 |
| Deferred Tax Asset (Net) | 31 | 1,893.35 | 699.60 |
| | | 39,363.47 | 25,879.23 |
| Current assets | | | |
| Inventories | 14 | 84,332.52 | 56,527.56 |
| Trade Receivables | 15 | 1,03,656.29 | 42,006.31 |
| Cash and Cash Equivalents | 16 | 2,18,063.84 | 1,126.15 |
| Short term Loans and Advances | 17 | 6,008.80 | 4,437.67 |
| Other Current Assets | 18 | 7,344.88 | 7,313.88 |
| | | 4,19,406.32 | 1,11,411.57 |
| TOTAL | | 4,58,769.78 | 1,37,290.80 |

For and on behalf of the Board of Directors
Highness Microelectronics Limited
(CIN: U72900MH2007PTC173854)

Gaurav Kejriwal
Managing Director
DIN: 01506981
Place: Mumbai
Date: 30th May, 2026

For JAIN VINAY & ASSOCIATES
Chartered Accountants

U.D.N: 26403919YABTWM5964

Registered Office: I C3, Gundecha Onclave, Sakinaka, Mumbai- 400 072 INDIA
Factory: R-364, TTC Industrial Area, Rabale, Mumbai- 400 701 INDIA
Contact No. +91- 22- 2850 7123, Fax: 91 22 4026 4263
URL: www.highnessmicro.com. Email: [email protected]
CIN: L72900MH2007PLC173854
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HIGHNESS MICROELECTRONICS LIMITED

Audited Cash flow statement for the year ended 31st March 2026

| Particulars | 21st March 2026
(In total $, year) | 21st March 2025
(In total $, year) |
| --- | --- | --- |
| | In Rupees | In Rupees |
| Cash Flow From Operating Activities | | |
| Net Profit Before tax | 53,457.34 | 32,660.11 |
| Adjustments (b): | | |
| Depreciation | 10,413.52 | 9,269.38 |
| Finance Costs | 10,288.65 | 4,238.73 |
| Interest Income | -474.53 | -44.22 |
| Sundry balances W/off | | 498.50 |
| Gratuity expenses | 489.24 | 391.80 |
| Unrealized Foreign Exchange gain | -7,161.76 | -336.24 |
| Other Non Operating Income | | |
| Operating Profit before Working Capital Changes | 67,012.46 | 46,698.06 |
| Adjustments for Changes in Working Capital | | |
| (Increase)/ Decrease in Trade Receivables | -54,488.22 | -40,679.38 |
| (Increase)/ Decrease in Short Term Loans & Advances | -1,571.13 | -4,367.67 |
| (Increase)/ Decrease in Long Term Loans & Advances | -1,601.34 | -354.31 |
| (Increase)/ Decrease in Other Current Assets | -31.00 | 10,940.03 |
| Increase/ (Decrease) in Trade Pupities | 31,851.04 | 5,492.18 |
| Increase/ (Decrease) in Short Term Provisions | 1,485.10 | 4,742.42 |
| Increase/ (Decrease) in Other Current Liabilities | 31,249.23 | -6,262.25 |
| (Increase)/ Decrease in Inventories | -27,804.96 | -18,471.04 |
| Cash Generated from/ (used In) Operations before Extraordinary Items | 48,101.18 | -2,263.07 |
| Cash Flow from Extraordinary Items | | |
| Cash Generated from Operations | 48,101.18 | -2,262.07 |
| Taxes Paid (net of refunds) | -1,072.57 | -11,991.96 |
| Net Cash from/ (used In) Operating Activities (A) | 47,028.61 | -14,254.03 |
| Cash Flow from Investing Activities | | |
| Purchase of fixed assets including capital advances | -21,102.66 | -18,500.75 |
| Interest Received | 474.53 | 44.22 |
| Net cash from/ (used In) Investing activities (B) | -20,628.13 | -16,456.03 |
| Cash flow from Financing Activities | | |
| Proceeds from issue of Share capital | 16,536.00 | |
| Share issue premium | 1,54,130.39 | |
| Repayment of Long Term Borrowings | -2,762.81 | 17,913.76 |
| Proceeds from other Short-term Borrowings | 32,922.28 | 17,566.26 |
| Finance Cost | -10,288.65 | -4,258.73 |
| Net cash from/ (used In) Financing Activities (C) | 1,90,527.21 | 21,221.29 |
| Net Increase/ (decrease) in Cash and Cash Equivalents (A+B+C) | 2,16,927.69 | -1,489.27 |
| Cash and cash equivalents- opening balance | 1,126.15 | 2,615.42 |
| Cash and cash equivalents- closing balance | 2,18,063.84 | 1,126.15 |

Notes:
(1) Cash and Cash Equivalents
- Balances with banks:
In Fixed Deposits
In Current account
Cash on hand

For and on behalf of the Board of Directors
Highness Microelectronics Limited
(CIN: L72900MH2007PFC173854)

Council, Rajshwai
Managing Director
DIN: 07200581
Place: Mumbai
Date: 30th May, 2026

For JAIN VINAY & ASSOCIATES
Chartered Accountants

U.DIN: 264039194AOTWM5964

Registered Office: 1C3, Gundecha Onclave, Sakinaka, Mumbai- 400 072 INDIA
Factory: R-364, TTC Industrial Area, Rabale, Mumbai- 400 701 INDIA
Contact No. +91- 22- 2850 7123, Fax: 91 22 4026 4263
URL: www.highnessmicro.com. Email: [email protected]
CIN: L72900MH2007PLC173854
Page 3 of 3

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CA INDIA

JAIN VINAY & ASSOCIATES

301, Shree Mangalam, Kulupwadi, O[]. Gopal's Garden High School, Borivali East, Mumbai-400066 Maharashtra Tel.: 022-28857674, E-mail: [email protected]; [email protected]

Report on the Audit of Consolidated Financial Results

The Board of Directors
Highness Microelectronics Limited

Opinion

We have audited the accompanying consolidated financial results of Highness Microelectronics Limited (hereinafter referred to as the “Holding Company”) and its subsidiary (Holding Company and its subsidiary together referred to as the “Group”), for the half year and year ended on March 31, 2026, attached herewith, being submitted by the Holding company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirement Regulations, 2015), as amended (“Listing Regulations”).

In our opinion and to the best of our information and according to the explanations given to us, the aforesaid consolidated financial results:

i. Are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and

ii. Give a true and fair view in conformity with the applicable Indian Accounting Standards and other accounting principles generally accepted in India, of net profit and other comprehensive income and other financial information of the Group for the year ended on March 31, 2026.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013. Our responsibilities under those Standards are further described in the Auditor’s Responsibilities for the Audit of the Consolidated Financial Results section of our report. We are independent of the Group in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial result under the provisions of the Companies Act, 2013 and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Emphasis of Matter Paragraph – Not Applicable

Our opinion is not modified in respect of this matter.

CA INDIA JAIN VINAY & ASSOCIATES
301, Shree Mangalam, Kulupwadi, Off. Gopal's Garden High School, Borivali East, Mumbai-400066 Maharashtra Tel.: 022-28857674, E-mail: [email protected]; [email protected]

Responsibilities of Management and Those Charged with Governance for the Financial Results

These Consolidated Half yearly financial results as well as the yearly consolidated financial results have been prepared on the basis of the interim financial results. The Holding Company's Board of Directors are responsible for the preparation of these consolidated financial results that give a true and fair view of the net profit/loss and other comprehensive income and other financial information in accordance with the applicable accounting standards and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations.

Auditor's Responsibilities for the Audit of the Financial Results

Our objectives are to obtain reasonable assurance about whether the consolidated Financial Results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists.

Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these Standalone Financial Results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal financial control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under section 143(3)(i) of the Act, we are also responsible for expressing our opinion on whether the Company has adequate internal financial controls with reference to Financial Results in place and the operating effectiveness of such controls.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the management.
Conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's

M.M.VINAY & ASSOCIATES
M.No.403819
FRI: No.:
00664SW
Mumbai

CA INDIA JAIN VINAY & ASSOCIATES

301, Shree Mangalam, Kulupwadi, OJJ, Gopal's Garden High School, Borivali East, Mumbai-400066 Maharashtra Tel.: 022-28857674, E-mail: [email protected]; [email protected]

report to the related disclosures in the Financial Results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.

Evaluate the overall presentation, structure and content of the Financial Results, including the disclosures, and whether the Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Our opinion on the consolidated Financial Results is not modified in respect of the above matter with respect to our reliance on the work done by the other auditors and the financial results/financial information certified by the Board of Directors.

For Jain Vinay & Associates
Firm Regn No 006649W

Vishnu Sodhani

M. no: 403919
UDIN: 26403919YABIWM5964

Date: 30/05/2026
Place: Mumbai

HIGHNESS MICROELECTRONICS LIMITED

Date: 30th May, 2026

To,
BSE Limited Listing & Compliance Department
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai, 400001,
Maharashtra, India

Company Symbol: HIGHNESS
Company Scrip Code: 544741
Company ISIN: INE1KI801019

Subject: Declaration on Audit Report with unmodified opinion with respect to standalone Audited Financial Result for the year ended on March 2026.

Dear Sir / Madam,

Pursuant to Regulation 33 (3) (d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby declared that, M/s. Jain Vinay & Associates, (FRN: 006649W), Statutory Auditors of the Company, have provided Audit Report with un-modified opinion on the Annual Standalone Audited Financial Results of the Company for the financial year ended March 31, 2026.

Request you to kindly take this on record
For Highness Microelectronics Limited

GAURAV
DESIGNER: Digitally signed by GAURAV KEJRIWAL
KEJRIWAL
Date: 2026.05.30
11:23:44 +05'30'

Gaurav Kejriwal
Managing Director
DIN: 01506981

HIGHNESS MICROELECTRONICS LIMITED

Annexure II

Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular HO/49/14/14(7)2025-CFD POD2/I/3762/2026 dated January 30, 2026

Srno	Particulars	Details
1	Reason for change viz. Appointment, resignation, removal, death or otherwise;	Appointment of M/s Satya Gandhi & Co, Chartered Accountant as Internal Auditor of the Company
2	Date of appointment (as applicable) & term of appointment	30-05-2026
3	Brief profile (in case of appointment);	Satya Gandhi is May 2005 batch qualified Chartered Accountant from the Institute of Chartered Accountant, he is Qualified as a LLB (Gen), in 2015.
He was Founding partner of Satya Pradeep & Associates, Chartered Accountants firm (2010) & A Proprietor of Satya Gandhi & Co (2011).
He started as an article assistant in a small size proprietary concern S D Gandhi & Associates. Post qualification he worked as an Associate Manager at GlobeOp Financial Services Ltd, a fund accounting MNC for hedge funds.
In 2007 he was back into consultancy with CA firms where he joined an associate manager - Direct Tax Advisory which is now a leading big five Chartered Accountants firm BDO India LLP.
He Holds a certificate to practice since April 2007, practicing majorly in the field of statutory compliances related to Direct & Indirect Tax and providing consulting & other business advisory services, since

HIGHNESS MICROELECTRONICS LIMITED


4	Disclosure of relationships between directors (in case of appointment of a director).	NA

HIGHNESS MICROELECTRONICS LIMITED

Annexure III

Srno	Particulars	Details
1	Reason for change viz. Appointment, resignation, removal, death or otherwise;	Appointment of M/s Chetan Mandlia & Associates, as Secretarial Auditor of the Company
2	Date of appointment (as applicable) & term of appointment	30-05-2026
3	Brief profile (in case of appointment);	Company Secretary – ICSI
LLB – Mumbai University
Registered Insolvency Professional (IP) - IBBI
Post Graduation Diploma in Financial Management-Mumbai University

Chetan is the proprietor of Chetan Mandlia & Associates, Practising Company Secretary Firm in Mumbai and has 12 years of professional consulting experience
• His experience includes Advisories for India Entry option, Corporate Law Compliance, transaction advisory services such as corporate restructuring, mergers/demergers/hive-off, balance sheet right-sizing, buy-back of securities,internal capital re-organisations, Secretarial due diligences, MSME Registration, advisory in inbound and outbound investments, start-up registrations, etc.
• He has worked with business house from various industry segments, which includes Healthcare, Pharma, IT/ITeS, FMCG, NBFC, media and entertainment etc
He has experience in varied laws like Corporate law, Securities Law, Foreign Exchange Management Law, Stamp Duty and IPR etc.
• He has acting as Professional Director in Linode Hosting |

HIGHNESS MICROELECTRONICS LIMITED

| | | India Private Limited.(Subsidiary of Linode LLC, USA)
• He has worked in Dr. Kainth and Associates, Advocate & Solicitors, Mumbai as a Consultant. Currently working as independence Practising Company Secretary (PCS) and as Senior Consultant in BDO India LLP |
| --- | --- | --- |
| 4 | Disclosure of relationships between directors (in case of appointment of a director). | NA |

HIGHNESS MICROELECTRONICS LIMITED

Annexure IV

Srno	Particulars	Details
1	Reason for change viz. Appointment, resignation, removal, death or otherwise;	Appointment of Gouri Apoorva, as Company Secretary and Compliance Officer of the Company w.e.f 25.06.2026
w2	Date of appointment (as applicable) & term of appointment	25-06-2026
3	Brief profile (in case of appointment);	Ms. Gouri Apoorva is 24 years old. She is Qualified Company Secretary with experience spanning listed and unlisted public companies, managing secretarial, compliance, and governance functions across diverse regulatory environments. Skilled in SEBI LODR, Companies Act, 2013, board governance, ESOP administration, trademark compliance and exchange relations. She has 2 years experience as trainee and PQE is approx 5 months.
4	Disclosure of relationships between directors (in case of appointment of a director).	NA

HIGHNESS MICROELECTRONICS LIMITED

Annexure V

Srno	Particulars	Details
1	Reason for change	Resignation
2	Date of cessation	24.06.2026
3	Brief reason for resignation	Personal reasons
4	Letter of resignation along with detailed reason	Attached

Date: 25th May, 2026

To,
Bhagyashree Madam, HR
Highness Microelectronics Limited

Subject: Resignation from the post of Company Secretary & Compliance Officer

Dear Bhagyashree Madam,

Please find attached my resignation letter from the position of Company Secretary & Compliance Officer of the company, effective from close of workinh hours of 24th June, 2026 due to personal reason.

I request you to kindly process the same and initiate the necessary formalities.

I thank the management and the team for the support and cooperation during my tenure.

Thanking you,

Yours Faithfully

Preeti

Preeti Rathi
Company Secretary & Compliance Officer

AI assistant

Highness Microelectronics Limited Interim / Quarterly Report 2026

60612_rns_2026-05-30_104dbfab-ac87-459a-90ff-29d41dac4617.pdf

NOTES:

NOTES:

Report on the Audit of Consolidated Financial Results

Opinion

Basis for Opinion

Responsibilities of Management and Those Charged with Governance for the Financial Results

Auditor's Responsibilities for the Audit of the Financial Results

Annexure II

Annexure III

Annexure IV

AI assistant

Highness Microelectronics Limited — Interim / Quarterly Report 2026

60612_rns_2026-05-30_104dbfab-ac87-459a-90ff-29d41dac4617.pdf

NOTES:

NOTES:

Report on the Audit of Consolidated Financial Results

Opinion

Basis for Opinion

Responsibilities of Management and Those Charged with Governance for the Financial Results

Auditor's Responsibilities for the Audit of the Financial Results

Annexure II

Annexure III

Annexure IV

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Highness Microelectronics Limited Interim / Quarterly Report 2026