Rishabh Instruments Limited — Others, 14-08-2025: Statement of deviation(s) or variation(s) under Reg. 32

Rishabh Instruments has reported a deviation in the utilization of funds from its September 2023 public issue, which raised 75 Cr. Shareholders approved this reallocation in September 2024. A portion of the funds, specifically 30 Cr, was reallocated from the initial plan for "Expansion of Nashik Manufacturing Facility I" to "Expansion of Nashik Manufacturing Facility II." This update clarifies how the company is managing its raised capital to support its growth initiatives. Total funds utilized for Facility I are 12.47 Cr, for Facility II are 11.40 Cr, and 7.72 Cr for General Corporate Purpose.