Postal Ballot Results: MD Re-appointed, Director Commission Approved
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.3 pts less than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Forbes Precision Tools shareholders approved two special resolutions via postal ballot. Resolution 1 re-appoints Mr. M.C. Tahilyani as Managing Director for three years with approved remuneration, passed with 99.93 percent votes in favor. Resolution 2 approves payment of commission to Non-Executive Directors, passed with 99.91 percent votes in favor. Voting closed on October 3, 2026 with about 74 percent of total shares participating.
Re-appointment of the existing MD ensures leadership continuity. Both resolutions received overwhelming shareholder support, reflecting strong governance approval.