NSEUpdates25 Jun 2026 · 25 Jun 2026, 06:08 pm
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Rishabh Instruments Limited · RISHABH
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Rishabh Instruments Limited's wholly owned subsidiary, Lumel SA, has received the Forbes Diamonds 2026 Award for the second consecutive year, recognizing its exceptional growth, financial strength, and effective management practices.
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Full Announcement
Rishabh Instruments Limited has informed the Exchange regarding ''.Press Release & Intimation of Award to Lumel SA, Wholly Owned Subsidiary of the Company.
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June 25, 2026
To, To,
National Stock Exchange of India Limited, BSE Limited,
Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex, Bandra (East), 21st Floor, Dalal Street,
Mumbai – 400051 Mumbai – 400001
NSE Symbol: RISHABH BSE Scrip Code: 543977
Dear Sir/Madam,
Subject: Press Release & Intimation of Award
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, we are pleased to inform you that the Lumel SA, the wholly owned subsidiary of the Company has
received the prestigious Forbes Diamonds 2026 Award for the second consecutive year in Poland. Polska
compiles this award, which Lumel SA received in the medium category of companies in the Lubuskie
region.
A copy of the certificate & award is enclosed for your reference.
Kindly take the same on your records.
For Rishabh Instruments Limited
Ajinkya Joglekar
Company Secretary and Compliance Officer
ICSI Membership No.: A57272
Press Release Investor Release
Lumel SA presented with the Forbes Diamonds 2026 Award for the second time
25th June 2026 - Rishabh Instruments Limited’s (RIL) wholly owned subsidiary, Lumel SA
has once again been honoured with the Forbes Diamonds 2026, receiving this prestigious
distinction for the second year in a row. A Symbol of Financial Excellence and Innovation.
Lumel SA presented with Forbes Diamonds 2026 Award
Rishabh Instruments Limited, a global energy efficiency solution provider, is pleased to
announce that its wholly owned subsidiary, Lumel SA, has been honoured with the
prestigious Forbes Diamonds 2026 Award for the second consecutive year. This is the
fifth prestigious award Lumel SA has received over the past 18 months.
Recognized as one of Poland’s most respected business rankings in medium business
category (PLN 50-250Mn annual revenue category). The Forbes Diamonds Award
acknowledges companies that have demonstrated exceptional growth, financial strength,
and effective management practices over the past three years. Earning this distinction
for two years in succession reflects Lumel SA’s consistent execution, strategic focus, and
commitment to creating long-term value.
Lumel SA was distinguished among an elite group of high-performing enterprises for its
sustained revenue growth, operational excellence, and financial resilience. The award
specifically recognizes companies in the Lubusz Voivodeship with revenue between PLN
50 and 250 million. The recognition underscores the success of the company's long-term
strategy, supported by continuous investments in advanced technologies, innovation,
manufacturing capabilities, and sustainable development initiatives.
This achievement further strengthens Lumel SA’s position as a leading provider of
industrial automation, measurement, and energy management solutions, while
reaffirming its commitment to delivering high-performance products that enhance
efficiency, reliability, and sustainability across the global energy ecosystem.
Image: Forbes Diamonds (Diamenty Image: Lumel SA with Second Forbes
Forbesa) Award 2026, Poland Diamonds 2026 Award
Press Release Investor Release
Commenting on the announcement, Mr Dineshkumar Musalekar, CEO of
Lumel SA, said,
“I would like to sincerely thank everyone for their dedication, professionalism and
contribution to the growth of our company. This achievement is a reflection of the
collective efforts, expertise, and determination of our entire team in delivering excellence
for our customers and stakeholder.
Receiving the Forbes Diamonds 2026 Award for the second consecutive year is a
significant milestone and a strong validation of our long-term strategy, operational
excellence, and sustainable growth journey. This recognition reinforces the confidence
that our investments, innovation, and disciplined execution continue to create meaningful
value and earn market recognition.
Congratulations to the entire Lumel team. This accomplishment belongs to each and
every one of you, and I look forward to building on this success together as we pursue
even greater achievements in the years ahead.”
About Rishabh Instruments Limited:
Rishabh Instruments Limited (RIL) was incorporated in 1982 and is engaged in the
business of manufacturing, design and development of global energy efficiency solutions.
RIL focuses on electrical automation, electrical instrumentation, metering and
measurement, precision engineered products. We are the global leader in manufacturing
and supply of analog panel meters, and among the leading global companies for
manufacturing and supply of low voltage current transformers.
We also provide complete aluminium high-pressure die-casting solutions for customers
requiring close tolerance fabrication (such as automotive compressor manufacturers and
automation high precision flow meters manufacturers), machining, and finishing of
precision components.
We have 350+ global authorized dealers/stockists catering to 70+ countries including
Germany, the United States, the United Kingdom, Australia, the Middle East, etc. We have
Vertically integrated operations, backed by strong end to end in-house manufacturing
capabilities.
We manufacture all products in-house from our five manufacturing facilities. Our
facilities are in India, Poland and China. We focus immensely on technology and R&D with
concentration on innovation of products, processes, and applications to add value to
customers as well as the industry. Our R&D centers are accredited nationally and
internationally. We have 5 international and 8 domestic sales and marketing offices.
Press Release Investor Release
Safe Harbor
This document may contain forward-looking statements about Rishabh Instruments
Limited and its Subsidiaries, which are based on the beliefs, opinions, and expectations of
the company’s management as the date of this Investor release and the companies do not
assume any obligation to update their forward-looking statements if those beliefs,
opinions, expectations, or other circumstances should change. These statements are not
the guarantees of future performance and involve risks and uncertainties that are
difficult to predict. Consequently, readers should not place any undue reliance on such
forward-looking statements.
For more information, please contact
Rishabh Instruments Limited
CIN: L31100MH1982PLC028406
Mr. Ajinkya Joglekar
CS & Compliance Officer
ajinkya.joglekar@rishabh.co.in
https://rishabh.co.in/