- April 21, 2026
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This agreement was formally signed on April 13th, 2026, at Suzhou, China, and reflects mutual intent of both parties to build long term, strategic partnership focused on offering customized digital-imaging solutions for transportation segment such as Railways, Subways or Metros and Urban Mobility.
Key Points of the signed agreement:
- Technology Transfer: Proprietary processes, methods, specifications, technical data, drawings, designs, operating procedures, quality control, and know-how related to glass cutting and resizing of TFT-LCD Modules.
- Licensed Territory: Primarily the Republic of India (with possible expansion by mutual agreement) and Australia & New Zealand.
- Products: TFT display modules manufactured by HM using the Technology (specific sizes and brightness levels listed in Annexure C, e.g., 4.3″, 16.3″, 24″, up to 58.4″ variants with varying brightness nits).
- Confidential Information: Broadly defined to include technical, commercial, and business information disclosed by either party.
- Commencement Date: Date of execution (13 April 2026).
- Project: The know-how transfer under this Agreement.
Grant of License and Scope:
Highness Microelectronics has limited license to:
- Manufacture and integrate Products for markers in India, Australia & New Zealand using the said Technology
- Market, sell, and distribute Products in India, Australia & New Zealand without restrictions.
- Export and distribute to other countries, but subject to prior written approval from OEM for specific markets/customers. OEM will not unreasonably withhold approval if no conflict with its interests.
- Use, reproduce, and adapt technical documentation for the Agreement’s purposes.
Mr. Gaurav Manjul Kejriwal, Managing Director & CEO, Highness Microelectronics Ltd., commented, ”This is a major milestone in our journey forward as Highness will be the only company in India to have this technology to cut and resize TFT-LCD Modules. We are committed to offering innovative solutions for India’s Railways & Metro Industry. With this agreement now in place, we have a opened up an amazing set of opportunities and possibilities to offer technologically advanced imaging solution that’s truly manufactured in India.”
Disclaimer: Certain statements in this document that are not historical facts are forward looking statements. Such forward looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
For Further Information:
Please contact our Chief Finance Officer:
Mr. Mayurkumar Gori
Email: cfo@highnessmicro.com
Website: highnessmicro.com
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