Forbes & Company Limited Unveils Q1 FY26 Results and Ambitious Thane Real Estate Project
Forbes & Company Limited announced its Q1 FY26 unaudited financial results and plans for a new real estate development in Thane, Maharashtra. The company will develop a 10,671 square meter plot into an IT Park with retail, commercial, hospitality, and office spaces under the IT/ITeS policy framework, subject to necessary approvals. The Board meeting, held on August 6, 2025, approved these developments in compliance with SEBI regulations.
31Mar 25
Forbes & Company to Acquire Full Ownership of Joint Venture with Macsa ID
Forbes & Company Limited (FCL) plans to acquire the remaining 50% stake in Forbes Macsa Private Limited (FMPL) from Spanish partner Macsa ID, SA. The acquisition, approved by FCL's Board on March 31, 2025, will make FMPL a wholly-owned subsidiary. FCL will purchase 1,000,000 equity shares and 1,500,000 preference shares, each at INR 10. The transaction, expected to complete by March 31, 2025, aims to strengthen FCL's position in the marking and coding solutions market. FMPL, incorporated in 2022, specializes in permanent marking and coding solutions with a diverse laser product portfolio.