The disclosure is made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
The company is responding to a news item titled "Rishabh Instruments Promoters In Talks For Stake Sale" that appeared on CNBC-TV18 on August 20, 2026
The news report specifically mentioned: "the promoters are looking to sell a controlling interest in Rishabh Instruments and are in talks with multiple suitors, including a German entity"
The news report further stated: "The promoters are likely to sell a large part of their nearly 70 percent stake and are seeking a valuation of over Rs 3,000 crore for the deal"
The company's official clarification states: "it has no material event/information that requires disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015"
The letter was digitally signed by Ajinkya Joglekar, Company Secretary and Compliance Officer (ICSI Membership No.: A57272) on August 21, 2026 at 15:04:22 IST