Rishabh Instruments Limited announced that its board of directors approved the allotment of 500 equity shares with a face value of Rs 10 each to eligible employees under the Employee Stock Option Plan 2022 – Scheme B, increasing the company's paid-up equity share capital from 3,86,61,920 shares aggregating to Rs 38,66,19,200 to 3,86,62,420 shares aggregating to Rs 38,66,24,200.