The Board of Directors of Rishabh Instruments Limited, at its meeting held on May 18, 2026, approved the re-designation of Mr. Dineshkumar Musalekar from Whole-Time Director to Managing Director of the Company. The change is subject to the approval of shareholders at the ensuing Annual General Meeting (AGM). The announcement was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Re-designation

The re-designation is aimed at streamlining organizational leadership and enhancing focus on strategic initiatives. The transition is intended to enable a more concentrated approach to overseeing day-to-day operations while ensuring continued alignment with long-term objectives. The following table summarizes the key terms of the appointment:

Remuneration Structure

The remuneration package for Mr. Musalekar is structured across multiple entities and currencies, as detailed below:

Profile of Mr. Dineshkumar Musalekar

Mr. Dineshkumar Musalekar is a distinguished business leader with three decades of diverse work experience across operations, projects, business development, product development, manufacturing, and technology. He has worked across diverse business cultures and environments spanning Asian, Chinese, Japanese, European, American, African, and Arab markets. He has successfully managed start-ups, is a turnaround specialist, and is accomplished in Mergers, Acquisitions, and Demergers.

He holds a graduate degree in Electronics and Communications Engineering, an MBA in Human Resource Management, and has completed the Executive Development Programme from Henley University, Oxford, UK. Since 2013, he has served as President and CEO of Lumel S.A. and Lumel Alucast Sp. Z.o.o. He also serves as a Board Member of Saran, a Real Estate Company, a Supervisory Board Member of Lumel Śląsk Company, and on the Advisory Board of Sifam Tinsley USA.

Prior to these roles, Mr. Musalekar had a career spanning a decade at OTIS (UTC Group, Fortune 500 Company), where he progressed from Graduate Engineer Trainee to Manager of the Modernisation Department in India. He subsequently spent another decade with Avire (HALMA Group, FTSE 100) as Resident Director for PAN India and General Manager for India, Middle East, and Africa.

Awards and Recognition

Mr. Musalekar has received several notable recognitions throughout his career:

• Gold Medal — the highest civilian award from the Mayor of Zielona Gora City in Poland, for his contribution to transforming and growing Lumel and benefiting the City
• The Indian Achievers Award for "Business Leadership" from the Indian Achievers Forum
• Personality of the Year 2020 award in the Business category in Zielona Góra City from Polska Press Grupa

Compliance and Disclosures

There is no inter-se relationship between Mr. Dineshkumar Musalekar and other directors of the Company. Additionally, Mr. Musalekar is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority, in accordance with the requirements under Circular No. LIST/COMP/14/2018-19 and NSE/CML/2018/02 dated June 20, 2018, issued by BSE and NSE respectively. The announcement was signed by Ajinkya Joglekar, Company Secretary and Compliance Officer (ICSI Membership No.: A57272).

Rishabh Instruments Limited has uploaded the audio recording of its Earnings Conference Call for Q4 FY 2025-26 on its official website, in compliance with the applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Earnings Conference Call Audio Now Available

The Earnings Conference Call for Q4 FY 2025-26 was held on May 18, 2026. In accordance with regulatory requirements, the company has made the audio recording of the call accessible to investors and stakeholders on the same date. The recording has been hosted under the Stock Exchange Information section on the company's website.

Transcript to Follow

The company has communicated that the transcript of the Earnings Conference Call will be uploaded on its website and subsequently submitted to the stock exchanges in due course. This disclosure was made by Ajinkya Joglekar, Company Secretary and Compliance Officer of Rishabh Instruments, bearing ICSI Membership No. A57272, and was digitally signed on May 18, 2026.

The filing was submitted to both the National Stock Exchange of India Limited and BSE Limited as part of the company's ongoing compliance obligations under SEBI listing regulations.