RISHABH INSTRUMENTS Share price

The Company was incorporated as “Rishabh Instruments Private Limited” a private limited company under the Companies Act 1956 pursuant to a certificate of incorporation dated October 6 1982 granted by the RoC. Pursuant to the conversion of the Company into a public limited company and as approved by the Board on September 8 2022 and a special resolution passed by the Shareholders at the EGM on September 13 2022 the name of the Company was changed to “Rishabh Instruments Limited” and the RoC issued a fresh certificate of incorporation on September 22 2022.Major events and milestones in the history of the Company and Material Subsidiaries :1982- Incorporation of the Company1983- Entered into an agreement for technical assistance with a Germany based company- Entered into a distributorship agreement with Larsen & Toubro Limited1997- Entered into an agreement for technical assistance with M/s Gossen - Metrawatt GmbH1998- Increased the area of the Nashik Manufacturing Facility I2002- Entered into a technology transfer agreement with a Germany based company2008- Entered into an agreement with a company based out of United Kingdom for production of audio / videorecording equipment’s2011- Entered into a supplier agreement for supply of APM and digital panel meters with a USA based company2012- Acquisition of Lubuskie Zaklady Aparatów Elektrycznych “Lumel” Spólka akcyjna in Fiscal 2012 Lumel started the supply of aluminium die casting to the automotive industry2013- Sifam Tinsley Instrumentation Ltd acquired Sifam meter product line from a UK based company2014- Incorporated Sifam USA a Subsidiary of the Company2016- Entered into an intellectual property agreement with an Italy based company wherein it assigned intellectual property rights in respect of APV centralised inverters APV cabinets APV-S string inverters and string boxes- Restructuring of Lubuskie Zaklady Aparatów Elektrycznych “Lumel” Spólka akcyjna into Lumel SA. (The current Subsidiary) for electronic business and Lumel Alucast Sp. zo.o. for aluminium die casting2018- Entered into a brand label frame agreement with one of the leading industrial manufacturing company2020- Lumel SA built a manufacturing facility for electronics manufacturing Lumel acquired a division of product from Relpol S.A.2021- Received M-SIPs approval from the Government of India2023- Received approval for financial incentives under the Maharashtra Electronics Policy 2016 and Package Scheme of Incentive Policy 2019