Rishabh instruments Limited has notified stock exchanges regarding a structural change in its statutory auditor's firm. The company informed the National Stock Exchange of India Limited and BSE Limited on January 27, 2026, about the conversion of its auditing firm from a traditional partnership to a Limited Liability Partnership structure.

Auditor Firm Conversion Details

The statutory auditors M S K A & Associates, Chartered Accountants have converted their firm into a Limited Liability Partnership under the provisions of the Limited Liability Partnership Act, 2008. Following this conversion, the firm is now operating under the name M S K A & Associates LLP, Chartered Accountants.

Continuity of Audit Engagement

Rishabh Instruments Limited has confirmed that this structural conversion does not impact the existing audit engagement in any manner. The newly formed LLP will continue to function and discharge all obligations as statutory auditors for the remaining period of their appointment tenure. This ensures continuity in the company's audit processes and compliance requirements.

Regulatory Compliance

The intimation was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Ajinkya Joglekar, with ICSI Membership No. A57272, signed the notification digitally on January 27, 2026.

The conversion represents a structural change in the auditor's business organization while maintaining the same professional standards and audit engagement terms with Rishabh Instruments Limited.

Rishabh instruments has completed the allotment of 3,000 equity shares under its Employee Stock Option Plan 2022 - Scheme B on January 22, 2026. The Board of Directors approved this allotment through a circular resolution, enabling eligible employees to exercise their stock options.

Share Allotment Details

The allotted shares carry a face value of ₹10.00 each and were issued at an exercise price of ₹250.00 per share, representing a premium of ₹240.00 per share. The allotment has resulted in an increase in the company's equity share capital structure.

ESOP Scheme Specifications

The allotment was conducted under the Rishabh Instruments Limited Employee Stock Option Plan 2022 - Scheme B, which was filed with stock exchanges on January 17, 2024. The scheme enables eligible employees to acquire equity shares in the company at predetermined exercise prices.

Share Characteristics and Compliance

The newly allotted equity shares are identical in all respects to the company's existing equity shares and rank pari-passu with them. The shares have been assigned distinctive numbers from 38478609 to 38481608 and will be issued in demat form under ISIN INE0N2P01017.

The allotment complies with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. No lock-in period applies to these shares, and no additional listing fees are payable for this allotment.

Capital Structure Impact

Following this ESOP allotment, Rishabh Instruments' total issued equity share capital has reached ₹38,48,16,080.00, comprising 3,84,81,608 fully paid-up equity shares of ₹10.00 each. The company's shares are listed on both BSE Limited and National Stock Exchange of India Limited, trading under scrip code 543977 and symbol RISHABH respectively.