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.
