Announced Mon, 2 Feb · 15:48 IST

Outcome of Extra Ordinary General Meeting held on Monday, February 2, 2026

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Forbes Precision Tools and Machine Parts Ltd held an Extra Ordinary General Meeting (EGM) on February 2, 2026, at 11:00 a.m. via video conferencing. The meeting was chaired by Mr. Marzin R. Shroff, with Managing Director Mr. Mahesh Tahilyani conducting proceedings. The sole special resolution on the agenda was to approve the continuation of Mr. Sivanandhan Dhanushkodi (DIN: 03607203) as a Non-Executive Independent Director, under Regulation 17(1A) of SEBI's Listing Regulations, which requires shareholder approval for independent directors aged 75 years or above. Remote e-voting was conducted from January 29 to February 1, 2026, with additional e-voting during the meeting. The meeting concluded at 11:25 a.m., and the voting results are expected to be announced within two working days.

Likely market impact

This is a routine regulatory compliance filing required under SEBI rules for continuation of an independent director. The actual outcome of the vote is pending and will be disclosed separately. No immediate impact on share price is expected from this procedural announcement, though rejection of the resolution could affect board composition and trigger SEBI compliance issues.