Forbes Precision Tools and Machine Parts Ltd — Others, 02-06-2025: AGM/EGM

Forbes Precision Tools and Machine Parts Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company declared an interim dividend of ₹5 per equity share for FY 2025-26. Its precision tools business reported 2% revenue growth to ₹237 Cr with steady profitability despite export market challenges. The company has invested significantly in capacity expansion, especially in high-speed drills and carbide taps, expecting substantial growth. It holds multiple quality certifications (AS 9100D, ISO 9001, IATF 16949, ISO 14001, ISO 45001) and continues building technological capabilities and supply chain resilience. Forbes remains net debt free despite borrowings for capital expenditure. Related party transactions are at arm’s length with no material conflicts. The company complies with corporate governance norms and has appointed secretarial and cost auditors for FY 2025-26.