Rishabh Instruments Limited — Others, 03-01-2025: Statement of deviation(s) or variation(s) under Reg. 32

Rishabh Instruments Limited has provided an updated statement on the utilization of funds raised through its public issue in September 2023, amounting to ₹75 crore. The report indicates a variation in fund usage for the quarter and half-year ended September 30, 2024, approved by shareholders on September 13, 2024. Key adjustments include a minor increase in allocation for the Nashik Manufacturing Facility I and established funds for general corporate purposes. This update reflects operational flexibility and strategic realignment, potentially enhancing investor sentiment while signaling active management of resources.