Rishabh Instruments Board redesignated Dineshkumar Musalekar from Whole-Time Director to Managing Director effective May 18, 2026.
The appointment includes a 5-year term with annual remuneration of ₹1.4 crore plus Euro 78,000 from foreign subsidiaries.
The redesignation requires shareholder approval at the upcoming Annual General Meeting.
Mr. Musalekar brings three decades of global leadership experience across operations, M&A, and business development.