Intimation of name change of wholly owned subsidiary company
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Forbes & Company Limited has informed the stock exchange that its wholly owned subsidiary has been renamed from 'Forbes Macsa Private Limited' to 'Forbes Bradma Optimark Private Limited', effective April 30, 2025. This is a routine disclosure under SEBI listing regulations and pertains only to a corporate name change, not any change in ownership, business activity, or financial structure. No details about the subsidiary's business or financials have been provided in this filing.
This is an administrative name change with no material impact on Forbes & Company's operations, financials, or shareholder value. Shareholders should treat this as a routine regulatory disclosure with no expected effect on the stock price.