Forbes Precision Tools Senior HR Manager Resigns Effective April 22, 2026

1 min read     Updated on 26 Apr 2026, 04:09 PM
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Forbes Precision Tools and Machine Parts Limited has announced the resignation of Mr. Ravindra Kadam, Senior Manager - Human Resource Management, effective April 22, 2026. The resignation followed a period of absence since April 13, 2026, due to personal reasons, after which Mr. Kadam formally communicated his decision via email. The company has fulfilled all regulatory compliance requirements under SEBI regulations and accepted the resignation.

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Forbes Precision Tools and Machine Parts Limited has announced the resignation of a senior management personnel, marking a change in its human resources leadership team. The company provided additional details regarding the circumstances surrounding the resignation and formal communication process.

Senior Management Personnel Change

The company informed BSE Limited that Mr. Ravindra Kadam, Senior Manager - Human Resource Management, has tendered his resignation from the company's services. The resignation became effective on April 22, 2026. According to the company's disclosure, Mr. Kadam had been unable to attend the office since April 13, 2026, due to personal reasons.

Parameter: Details
Employee Name: Mr. Ravindra Kadam
Position: Senior Manager - Human Resource Management
Effective Date: April 22, 2026
Absence Period: Since April 13, 2026
Reason for Absence: Personal reasons
Nature of Change: Resignation

Formal Communication Process

Following repeated follow-ups by the company management, Mr. Kadam formally communicated his resignation via email on April 22, 2026. In his brief resignation communication sent to Mahesh Tahilyani, he expressed gratitude for the support and opportunities provided during his tenure with the organization. The resignation has been accepted and taken on record by the company.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, in its compliance documentation.

Compliance Details: Information
Regulation: SEBI (LODR) Regulations, 2015 - Regulation 30
Master Circular: HO/49/14/14(7)2025-CFD-POD2/1/3762/2026
Circular Date: January 30, 2026
Filing Date: April 23, 2026

Company Secretary and Compliance Officer Rupa Khanna signed the disclosure document on behalf of Forbes Precision Tools and Machine Parts Limited. The intimation has been uploaded on the company's website at www.forbesprecision.co.in for public access.

Company Operations

The company maintains its registered office at Forbes' Building, Charanjit Rai Marg, Fort, Mumbai, and operates its manufacturing facility at B-13, MIDC Waluj, Chhatrapati Sambhajinagar, Maharashtra. Forbes Precision Tools specializes in high performance cutting tools and operates under various brand names including TOTEM and FORBES KENDO.

Historical Stock Returns for Forbes Precision Tools & Machine Parts

1 Day5 Days1 Month6 Months1 Year5 Years
+0.75%+3.12%-3.46%-25.46%-23.87%-39.03%

How will Forbes Precision Tools restructure its HR department following the sudden departure of its Senior HR Manager?

Could this management change signal broader organizational challenges that might affect Forbes Precision's operational efficiency?

What impact might the HR leadership vacuum have on Forbes Precision's talent retention and recruitment strategies in the competitive precision tools market?

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Forbes Precision Tools Submits Q4FY26 SEBI Compliance Certificate with Zero Demat Requests

1 min read     Updated on 11 Apr 2026, 01:22 AM
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Forbes Precision Tools and Machine Parts Limited filed its Q4FY26 compliance certificate under SEBI Regulation 74(5) on April 10, 2026. The certificate, issued by registrar MUFG Intime India Private Limited, confirmed no dematerialisation requests were received during the quarter ended March 31, 2026, with the filing made purely for regulatory compliance purposes.

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Forbes precision tools & machine parts Limited has submitted its quarterly compliance certificate to BSE Limited for the quarter ended March 31, 2026, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The company filed the mandatory certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 on April 10, 2026. Company Secretary and Compliance Officer Rupa Khanna (Membership No. A33322) signed and submitted the documentation to BSE's Listing and Compliance Department.

Registrar and Transfer Agent Confirmation

MUFG Intime India Private Limited (formerly Link Intime India Pvt. Ltd.), serving as the company's registrar and transfer agent, issued the compliance certificate on April 9, 2026. The certificate confirms adherence to prescribed procedures for dematerialisation processes during the quarter.

Parameter: Details
Quarter Period: March 31, 2026
Certificate Date: April 9, 2026
Filing Date: April 10, 2026
Registrar: MUFG Intime India Private Limited

Notable Quarter Activity

The certificate specifically notes that no dematerialisation requests were received from shareholders during Q4FY26. MUFG Intime India confirmed that the certificate was issued solely for compliance purposes, as required under SEBI regulations regardless of transaction volume.

Assistant Vice President Deepak Tambe from MUFG Intime India signed the confirmation certificate, stating that all regulatory procedures for handling securities dematerialisation were properly maintained throughout the quarter.

Company Operations

Forbes Precision Tools and Machine Parts Limited operates from its registered office at Forbes Building, Charanjit Rai Marg, Fort, Mumbai, with manufacturing facilities located at B-13, MIDC Waluj, Chhatrapati Sambhajinagar, Maharashtra. The company specializes in high-performance cutting tools and precision engineering solutions.

Historical Stock Returns for Forbes Precision Tools & Machine Parts

1 Day5 Days1 Month6 Months1 Year5 Years
+0.75%+3.12%-3.46%-25.46%-23.87%-39.03%

What factors might be contributing to Forbes Precision Tools' lack of dematerialisation requests, and could this indicate changes in investor sentiment or trading activity?

How might the ongoing digital transformation in India's securities market affect Forbes Precision Tools' future compliance requirements and operational costs?

What strategic initiatives is Forbes Precision Tools likely to pursue in FY27 to enhance shareholder engagement and market liquidity?

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