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Rishabh Instruments Limited ( (IN:RISHABH) ) has provided an announcement.
Rishabh Instruments’ board issued 15,740 equity shares under its 2022 ESOP Scheme B, modestly lifting paid-up capital to ₹384.97 million and keeping the new stock pari passu with existing equity. The incremental issuance signals continued talent retention efforts with minimal dilution, underscoring the company’s steady capital management within India’s industrial instrumentation market.
More about Rishabh Instruments Limited
Rishabh Instruments Limited manufactures electrical measurement and industrial automation equipment, serving utility, infrastructure, and commercial customers through metering and monitoring solutions.
Average Trading Volume: 2,417
Technical Sentiment Signal: Buy
Current Market Cap: 15.15B INR
For a thorough assessment of RISHABH stock, go to TipRanks’ Stock Analysis page.