Appointment of Mr. Mehul Raval as the Company Secretary & Compliance Officer of the company w.e.f. May 14, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Forbes & Company Ltd approved the audited standalone and consolidated financial results for Q4 and year ended March 31, 2026. Total standalone income for FY26 was Rs 8,519 lakhs (vs Rs 21,280 lakhs in FY25), with profit before tax of Rs 1,852 lakhs (vs Rs 3,780 lakhs in FY25). The company operates in two segments: Coding & Industrial Automation (revenue Rs 3,576 lakhs) and Real Estate (revenue Rs 3,738 lakhs). Additionally, Mr. Mehul Raval was appointed as Company Secretary and Compliance Officer effective May 14, 2026. The Board also authorized three Key Managerial Personnel (Nirmal Jagawat-WTD, Jagannath Govale-CFO, Mehul Raval-CS) for determining materiality of events for SEBI disclosures. Cost auditors M/s Kishore Bhatia & Associates were reappointed for FY27.
Revenue and profit have declined significantly year-on-year due to reduced real estate development income. The appointment of a new Company Secretary is routine governance; no material impact expected on stock price.