Rishabh Instruments Ltd

Rishabh Instruments Ltd has responded to a BSE query regarding a significant increase in its securities' trading volume. The company stated that it adheres strictly to SEBI (LODR) Regulations, 2015, and promptly discloses all material events and price-sensitive information. Rishabh Instruments confirmed that, to the best of their knowledge, there is no undisclosed information, event, or corporate action that could influence the price or volume of its securities. They attributed potential fluctuations to volatile market conditions and external factors beyond the company's control, reaffirming their commitment to corporate governance and transparency.

Rishabh Instruments Limited's wholly owned subsidiary, Lumel SA, has been honored with the prestigious Forbes Diamonds 2026 Award for the second consecutive year in Poland. This award recognizes Lumel SA in the medium category of companies in the Lubuskie region, specifically for companies with annual revenues between PLN 50-250 million. The award acknowledges exceptional growth, financial strength, and effective management practices over the past three years. This marks the fifth prestigious award Lumel SA has received in the last 18 months, underscoring its consistent execution, strategic focus, and commitment to creating long-term value through investments in technology, innovation, and sustainable development.

Rishabh Instruments Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct. The trading window will be shut from July 1, 2026, until 48 hours after the declaration of the Unaudited (Standalone & Consolidated) Financial Results for the quarter ended June 30, 2026. The exact date for the Board of Directors' meeting to approve these financial results will be communicated later. The company will also host this information on its website.

Rishabh Instruments Ltd reported a deviation in the utilization of funds raised through a public issue on September 11, 2023, with a total amount raised of ₹750 million. The report, filed for the quarter ended March 31, 2026, indicates deviations in the allocation and utilization of funds for the expansion of the Nashik Manufacturing Facility and general corporate purposes. Shareholders approved the changes on September 13, 2024. The audit committee and auditors have no specific comments on the deviations.

Rishabh Instruments Ltd. announced the re-designation of Mr. Dineshkumar Musalekar from Whole-Time Director to Managing Director, effective May 18, 2026, subject to shareholder approval at the upcoming AGM. His term is for 5 years, liable to retire by rotation. His remuneration includes INR 14,000,000 annually, plus Euro 42,000 at Lumel S.A. and Euro 36,000 at Lumel Alucast Sp. Z.o.o.

Rishabh Instruments Ltd's Board of Directors, in a meeting held on May 18, 2026, recommended a final dividend of ₹2.00 per equity share with a face value of ₹10 each for the financial year 2025-26. The dividend is subject to the approval of the members at the upcoming 43rd Annual General Meeting. The book closure and record date for the dividend payment will be determined and informed separately.

Rishabh Instruments Ltd's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. A final dividend of ₹2 (20%) per equity share has been recommended, subject to shareholder approval at the upcoming AGM. The board also appointed M/s. Rajendra P. Shah & Co. as Internal Auditors and Mr. Hareesh Shetty as Cost Auditors for FY 2026-27.

Rishabh Instruments Ltd's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. A final dividend of ₹2 (20%) per equity share has been recommended, subject to shareholder approval at the upcoming AGM. The board also appointed Rajendra P. Shah & Co. as Internal Auditors and Hareesh Shetty as Cost Auditors for FY 2026-27.

Rishabh Instruments Ltd's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. A final dividend of ₹2 (20%) per equity share has been recommended, subject to shareholder approval at the upcoming AGM. The board also appointed Rajendra P. Shah & Co. as Internal Auditors and Hareesh Shetty as Cost Auditors for FY 2026-27.

Rishabh Instruments Ltd has scheduled a Board of Directors meeting on May 18, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board will also consider the recommendation of the final dividend, if any, for the financial year 2025-26. The trading window for dealing in the company's securities has been closed from April 1, 2026, and will remain closed until 48 hours after the results are made public.