Statement of deviation(s) or variation(s) under Reg. 32

August 14, 2026 To, To, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, Plot No. C/1, G Block, Bandra- Phiroze Jeejeebhoy Towers, Kurla Complex, Bandra (East), Mumbai – 21st Floor, Dalal Street, 400051 Mumbai – 400001 NSE Symbol: RISHABH BSE Scrip Code: 543977 Dear Sir/Madam, Sub: Statement on Deviation or Variation of funds under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Statement on Deviation/Variation in the utilization of proceeds for the quarter ended June 30, 2026. Kindly take the same on your records. For Rishabh Instruments Limited Ajinkya Joglekar Company Secretary and Compliance Officer ICSI Membership No.: A57272 Annexure A Statement of Deviation/Variation in Utilization of funds raised Mode of Fund Raising Public Issue Date of Raising Funds 11-09-2023 Amount Raised (in Rs. Millions) 750.00 Report filed for Quarter ended 30.06.2026 Monitoring Agency Not applicable Is there a Deviation / Variation in use of funds Yes raised If yes, whether the same is pursuant to change in Yes terms of a contract or objects, which was approved by the shareholders If Yes, Date of shareholder Approval 13.09.2024 Explanation for the Deviation / Variation As mentioned below Comments of the Audit Committee after review Nil Comments of the auditors, if any Nil Objects for which the funds have been raised and where there has been a deviation, in the following table: Sr. Original Object Modified Original Modified Funds Amount of Remarks, No. Object, if any Allocation Allocation, Utilized Deviation/Variation if any (Millions) if any (Millions) for the quarter (Millions) according to the applicable object (Millions) 1 Expansion of Not Applicable 621.80 321.80 269.78 Nil Nil Nashik Manufacturing Facility I 2 - Expansion of - 300.00 267.41 31.53 Nil Nashik Manufacturing Facility II 3 General Not Applicable 79.20 Nil 77.20 Nil Nil Corporate Purpose Deviation or Variation could mean: 1. Deviation in the objects or purposes for which the funds have been raised or 2. Deviation in the amount of funds actually utilized as against what was originally disclosed or 3. Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer etc.