Rishabh Instruments Limited has informed the Exchange about Bagging/Receiving of orders/contracts
RISHABH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rishabh Instruments Limited's wholly owned subsidiary Lumel SA has secured a €3 million (Rs. 30 Crores) order from a leading Germany-based energy sector company. The contract involves supplying advanced electronic devices for industrial automation applications in the energy sector, valid through the end of 2027. This is the second order from the same German customer, following an initial order announced in June 2025, demonstrating a strong and repeat business relationship. The order reinforces Lumel SA's European expansion strategy and comes after the company commissioned one of Europe's most advanced electronics assembly lines in May 2025.
The repeat order from a major European energy company validates Lumel SA's product quality and manufacturing capabilities, supporting the company's international growth ambitions. This export order in hard currency (Euros) provides revenue visibility through 2027 and could positively influence investor sentiment around the company's overseas expansion.