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Rishabh Instruments’ arm acquires 100% stake in Microsys

07 Aug 2024 Evaluate

Rishabh Instruments’ Material Subsidiary-- Lumel S.A. has entered into Share Purchase Agreement with Microsys, spol. s r.o. for acquisition of 100% of shares for the purpose of extension of products portfolio. After this acquisition, Microsys, spol. s r.o. becomes step down subsidiary of Rishabh Instruments. Cost of acquisition is 13,48,837 EUR. The said acquisition is completed on August 6, 2024.  

Rishabh Instruments is a global energy efficiency solution company focused on electrical automation, metering and measurement, precision engineered products, et al. with diverse applications across industries including power, automotive and industrial sectors.


Peers
Company Name CMP
Waaree Energies 2320.50
Apar Industries 17787.15
Havells India 1040.00
Suzlon Energy 36.48
Siemens 3643.00
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