Forbes precision tools & machine parts Limited has issued a regulatory clarification to BSE Limited addressing recent share price movements, confirming full compliance with disclosure obligations under SEBI regulations. The clarification was issued on April 9, 2026, in response to BSE's inquiry dated April 8, 2026.

Regulatory Compliance Confirmation

The company confirmed that it has intimated and disclosed to BSE Limited all information required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This includes all mandatory disclosures and compliance with other applicable regulations.

Share Price Movement Attribution

Forbes Precision Tools and Machine Parts Limited stated that there are currently no pending announcements, information, or corporate actions that could be considered price sensitive. The company emphasized that no proposals or discussions within its knowledge or pending before the Board of Directors require disclosure under SEBI regulations.

The company attributed the current movement in its share price as completely market driven, indicating that external market forces rather than company-specific developments are influencing the stock performance.

Corporate Communication

The clarification was signed by Rupa Khanna, Company Secretary and Compliance Officer (Membership No. A33322), demonstrating proper corporate governance protocols. The company expressed readiness to provide additional information if required by the exchange.

This regulatory filing reflects Forbes Precision Tools and Machine Parts Limited's commitment to transparency and adherence to stock exchange disclosure norms, providing clarity to investors and market participants regarding recent share price movements.

Forbes Precision Tools and Machine Parts Limited shareholders have decisively approved the continuation of an independent director's tenure at the company's Extra Ordinary General Meeting held on February 2, 2026. The meeting, conducted through video conferencing at 11:00 AM, addressed a crucial governance matter under SEBI regulations.

Resolution Details and Voting Outcome

The special resolution sought approval for the continuation of Mr. Sivanandhan Dhanushkodi (DIN: 03607203) as a Non-Executive Independent Director pursuant to Regulation 17(1A) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resolution received overwhelming shareholder support.

Shareholder Participation and Categories

The meeting witnessed participation from 48 shareholders through video conferencing, comprising one promoter group member and 47 public shareholders. The voting pattern across different shareholder categories demonstrated strong support for the resolution.

Meeting Administration and Compliance

The company maintained full regulatory compliance throughout the process. The cut-off date for determining voting eligibility was set as January 26, 2026, with 14,166 shareholders on record. Remote e-voting was facilitated through NSDL platform from January 29 to February 1, 2026.

Mehul Raval, Practicing Company Secretary, served as the scrutinizer for the voting process. The meeting notice was dispatched on January 9, 2026, via email to registered shareholders and published in newspapers on January 10, 2026, ensuring proper communication and transparency.

Corporate Governance Significance

The resolution's passage ensures continuity in the company's board composition and maintains compliance with SEBI's independent director regulations. The overwhelming approval rate of 99.9962% reflects strong shareholder confidence in the director's continued contribution to the company's governance framework.

Company Secretary and Compliance Officer Rupa Khanna oversaw the meeting proceedings, with all documentation and voting results properly recorded and submitted to BSE Limited as per regulatory requirements under Regulation 44 of SEBI Listing Regulations.