Subsidiary Lumel SA wins Forbes Diamonds 2026 Award for second year
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Lumel SA, the wholly owned subsidiary of Rishabh Instruments, has won the Forbes Diamonds 2026 Award in Poland for the second consecutive year. The award falls in the medium business category (PLN 50-250 million annual revenue) for the Lubuskie region. It recognises companies for exceptional growth, financial strength, and management practices over the past three years. This is Lumel SA's fifth prestigious award in 18 months, reinforcing its position in industrial automation, measurement, and energy management solutions.
Positive brand recognition for subsidiary; no direct financial impact, but strengthens growth narrative and global credibility.