
Management Change12 Aug 2026, 12:34 pm
Forbes Precision Tools re-appoints Mahesh Tahilyani as MD
AI Summary
Forbes Precision Tools and Machine Parts Ltd announced the re-appointment of Mr. Mahesh Tahilyani as Managing Director for a period of three years, effective April 1, 2027. This decision was approved by the Board of Directors on April 12, 2026. The company also declared an interim dividend of ₹5 per equity share (50%) for the financial year 2026-27, with August 18, 2026, set as the record date. Additionally, the Board approved the Unaudited Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report from M/s. Sharp & Tannan Associates.
Key Highlights
- Mahesh Tahilyani re-appointed as MD for 3 years from April 1, 2027.
- Interim dividend of ₹5 per share declared for FY26-27.
- August 18, 2026, fixed as the record date for the dividend.
- Unaudited financial results for Q1 FY27 approved.
- Auditors M/s. Sharp & Tannan Associates issued Limited Review Report.
Price Impact
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