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Company Profile

FORBES & COMPANY LTD.

NSE : NABSE : 502865ISIN CODE : INE518A01013Industry : Engineering - Industrial EquipmentsHouse : Shapoorji Pallonji
BSE658.65-5.45 (-0.82 % )
PREV CLOSE (Rs.) 664.10
OPEN PRICE (Rs.) 665.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 226
TODAY'S LOW / HIGH (Rs.)652.00 670.00
52 WK LOW / HIGH (Rs.) 383.3 1399
NSE
This Company is not listed in NSE

Company News

Date Heading Details
26-Apr-2024 Reply To Clarification Sought From Forbes & Company Ltd Clarification letter with reference to the price movement of the Company''s Security.
25-Apr-2024 Clarification sought from Forbes & Company Ltd The Exchange has sought clarification from Forbes & Company Ltd on April 25, 2024 with reference to significant movement in price, in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded. The reply is awaited.
23-Apr-2024 Forbes & Company informs about voting results of postal ballot <div style="text-align: justify;">Pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, Forbes &amp; Company has informed that it enclosed voting results on the special business transacted through Postal Ballot Notice dated February 29, 2024 alongwith the Scrutinizer's Report dated April 23, 2024. The company has enclosed that the special business set forth in the Postal Ballot Notice dated February 29, 2024 was approved by the Members with the requisite majority.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div>
26-Mar-2024 Forbes & Company informs about press release <div>Pursuant to Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Forbes &amp; Company has informed that it has published intimation regarding mailing of the Notice of Postal Ballot to the Members in Financial Express and Mumbai Lakshadweep newspaper.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
05-Mar-2024 Scheme of Arrangement Notice No. 20240305-65 Notice Date 05 Mar 2024Category Corporate Actions Segment EquitySubject Scheme of Arrangement (Demerger) of FORBES & COMPANY LTD. (Scrip Code 502865) ContentTrading Members of the Exchange are hereby informed that, pursuant to the Scheme of Arrangement (for Demerger) as approved by the Honble National Company Law Tribunal, Mumbai Bench V, between Forbes Company Ltd and Forbes Precision Tools and Machine Parts Ltd, FORBES COMPANY LTD., has fixed and informed the Record Date for the purpose of Demerger and for determining the entitlement of the Equity Shareholders of the Company, as per details given below: - COMPANY NAMECODERECORD DATEPURPOSEEX-ENTITLEMENT FROMDATE &SETT. NO.FORBES & COMPANY LTD.(502865)07/03/2024 As per Scheme of Arrangement (for Demerger) sanctioned by the Honble National Company Law Tribunal, Mumbai Bench V, between, FORBES COMPANY LTD, (Demerged Company) and Forbes Precision Tools and Machine Parts Limited (Resulting Company) and Their Respective Shareholders and Creditors; Demerger of Precision Tools Business (Demerged Undertaking) : Upon the coming into effect of the aforesaid Scheme and in consideration of the transfer and vesting of the Demerged Undertaking being the Precision Tools Busines of Forbes Company Limited INTO Forbes Precision Tools and Machine Parts Limited; Forbes Precision Tools and Machine Parts Limited shall issue and allot Equity Shares to the eligible Shareholders of Forbes Company Limited in the following proportion:- “4 (Four) fully paid-up Equity Shares of Rs.10/- each of Forbes Precision Tools and Machine Parts Limited shall be issued and alloted for every 1 (One) fully paid-up Equity Share of Rs.10/- each held in Forbes Company Limited”07/03/2024DR-734/2023-2024 Note: (1) Pursuant to SEBI Circular No. SEBI/Cir/ISD/1/2010 dated November 2, 2010, Trading members are hereby informed that the trading in the Equity Shares of the aforesaid Company shall be transferred from ‘X' group to ‘XT' group w.e.f. 07th March, 2024, and (2) Pursuant to SEBI Circular No. CIR/MRD/DP/01/2012 dated January 20, 2012, the aforesaid scrip shall be a part of Call Auction in Pre-open Session (Special Pre- open Session (SPOS)) on 7th March, 2024. For further information on SPOS, the trading members are requested to refer to the Exchanges notice no. 20120216-29 dated February 16, 2012 on Enabling Special Pre-open Session. Subject to compliance with requisite formalities, the Equity Shares of the Resulting Company i.e. Forbes Precision Tools and Machine Parts Limited will be listed on BSE Limited.
02-Jan-2024 Forbes & Company submits intimation of merger of TSR consultants with Link intime India <div style="text-align: justify;">Forbes &amp; Company has informed in receipt of intimation from Registrar and Share Transfer Agents (RTA) of the Company, TSR Consultants, that they have merged with Link Intime India effective December 22, 2023, pursuant to the order dated December 18, 2023 passed by the Hon'ble National Company Law Tribunal, Mumbai bench. The address and other contact details of our Registrar and Transfer Agents remains unchanged. The above-mentioned information has also been made available on the website of the Company www.forbes.co.in</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
28-Dec-2023 Forbes & Company informs about trading window closure <div style="text-align: justify;">Forbes &amp; Company has informed that Trading Window of the Company for dealing in equity shares of the Company shall remain closed for Designated Persons and their immediate relative(s) with effect from Friday December 29, 2023 till the end of 48 hours after the financial results for the quarter and nine months period ended December 31, 2023 becomes generally available information.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
04-Aug-2023 Forbes & Company gets nod to sell entire shareholding in Forbes Concept Hospitality Services <p style="text-align: justify;">Forbes &amp; Company has received an approval for sale of its entire shareholding in Forbes Concept Hospitality Services (FCHSPL), an Associate Company (Joint Venture) of the Company to Metamix Technologies and Floral Finance. The transactions is expected to be completed by August 31, 2023 or as mutually agreed by the parties.</p><p style="text-align: justify;">The company has no revenues for the last year and only has costs in its Profit and Loss and therefore incurring losses. Forbes and Company has no plans to add any activity to this company and to reduce all administrative and related costs, the company's shareholding is being sold at above Book Value. It has obtained a valuation from an authorized registered valuer and the Board Approval has been taken on August 03, 2023. The Consideration of the shares is fixed at Rs 5,000. The Board of Directors of the Company at their meeting held on August 3, 2023 has approved the same.&nbsp;</p><p style="text-align: justify;">Forbes &amp; Company has three main businesses; namely engineering, shipping and logistics and business automation.</p><div style="text-align: justify;"><br></div>
19-Jul-2023 Forbes & Company informs about annual report <div style="text-align: justify;">Forbes &amp; Company has informed that it enclosed the Annual Report of the Company for the Financial Year 2022-23, containing, the Notice of the 104th Annual General Meeting (AGM) of the Company scheduled to be held on Thursday, August 10, 2023, at 2:00 PM (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The Notice of the AGM along with the Annual Report for the Financial Year 2022-23 is also available on the website of the Company, www.forbes.co.in.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
12-Jun-2023 Forbes & Company informs about loss of share certificate <div>Forbes &amp; Company has informed that it enclosed intimation letter dated June 12, 2023 received from Registrar and Transfer Agents, TSR Consultants providing information regarding loss of share certificates.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>