Rishabh Instruments Reports Deviation in Fund Utilization

Rishabh Instruments Ltd has filed a statement on deviation/variation in the utilization of proceeds for the quarter ended June 30, 2026. The company raised ₹750.00 million on September 11, 2023. There is a deviation in the use of funds, which is pursuant to a change in terms of a contract or objects approved by shareholders on September 13, 2024. The specific details of the deviation and modified allocation are not fully elaborated in the provided text, but it pertains to the expansion of the Nashik Manufacturing Facility and General Corporate Purpose. The Audit Committee and auditors have provided nil comments.