Rishabh Instruments Limited has fixed Friday, July 24, 2026, as the record date to determine shareholder eligibility for the dividend at its 43rd Annual General Meeting. The Board of Directors has recommended a final dividend of ₹2 per equity share of face value ₹10 each for the financial year ended March 31, 2026. If approved by the shareholders, the dividend will be paid on or before August 29, 2026. The company has submitted the Notice of its 43rd Annual General Meeting to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The 43rd AGM is scheduled for July 31, 2026, and will be conducted via Video Conferencing and Other Audio Visual Means without physical presence. Shareholders holding shares in dematerialized form as on the record date will be eligible to vote through remote e-voting, which commences on July 28, 2026, and concludes on July 30, 2026.

Agenda for the Meeting

The ordinary business includes the adoption of audited standalone and consolidated financial statements for FY26 and the re-appointment of Directors Mr. Narendra Goliya and Mr. Dineshkumar Musalekar, who retire by rotation. The special business encompasses the ratification of the Cost Auditor's remuneration and the re-designation of Mr. Dineshkumar Musalekar from Whole-Time Director to Managing Director.

Remuneration and Appointments

Shareholders will vote on the ratification of ₹60,000 plus out-of-pocket expenses as remuneration for Cost Auditor Hareesh K. Shetty & Co. for the financial year ending March 31, 2027. Additionally, approval is sought for the re-designation of Mr. Dineshkumar Musalekar as Managing Director for a period of five years commencing from May 18, 2026, to May 17, 2031.

A special resolution proposes a revision in the remuneration payable to Mr. Dineshkumar Musalekar. The package includes ₹14,000,000 structured into monthly salaries, €42,000 for services at Lumel S.A., and €36,000 for services at Lumel Alucast Sp. Z o.o. The remuneration is also subject to a cap of up to two hundred percent of the net profits of the company for the year 2026-27.

Key AGM Dates

Rishabh Instruments filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with the National Stock Exchange of India and BSE Limited. The filing, submitted by Company Secretary Ajinkya Joglekar, details the company's adherence to the National Guidelines on Responsible Business Conduct (NGRBC) and its performance across environmental, social, and governance parameters. The company reported a net worth of ₹4596.35 million and a paid-up capital of ₹385.52 million for the reporting period.

The company reported a total workforce of 731 individuals, comprising 442 employees and 289 workers. Women accounted for 11.99% of the total employee strength and 53.98% of the total workforce. The report highlighted that 51% of the company's total turnover originated from exports, serving markets in six states within India.

Business Operations and Financials

Rishabh Instruments operates in the manufacturing sector, primarily producing electrical automation devices, metering and control instruments, and portable test equipment. These activities contributed 100% to the entity's turnover. The company recorded a paid-up capital of ₹385.52 million and a net worth of ₹4596.35 million for the reporting period.

The company manages eight subsidiaries, including Energysolution Labs Private Limited, Dhruv Enterprises Limited, and Sifam Tinsley Instrumentation Inc., among others. The reporting was conducted on a standalone basis.

Environmental and Social Governance

The company confirmed compliance with Extended Producer Responsibility (EPR) regulations for both plastic and e-waste management. It has implemented a Zero Liquid Discharge (ZLD) mechanism, recycling treated wastewater for non-potable applications. To enhance energy efficiency, Rishabh Instruments installed a Shop Electrical Shutdown Monitoring System to prevent unnecessary electricity consumption.

Workforce and Stakeholder Engagement

The Board of Directors comprises seven members, with female representation at 14.29%. The company conducted various training programs covering governance frameworks, sexual harassment prevention, and technical skills. No fines, penalties, or legal actions were reported against the entity or its directors during the financial year.

Workforce Statistics

The company has established grievance redressal mechanisms for employees, workers, and communities. It also reported that 100% of its plants and offices were assessed for health and safety practices, working conditions, and human rights compliance.