With effect from 28 April 2016
Forbes & Company announced that as per the retirement policy of the Company, Ashok Barat is due for retirement in December'2016. However, to facilitate completion of transition Barat has vacated the Board position as a Member and Managing Director of the Company from the close of business hours of 27 April 2016 and would continue to be on the rolls of the Company as an employee till 30 June 2016.The Board of Director of the Company in its meeting held on 27 April 2016 has appointed Mahesh Tahilyani as an Additional Director and Managing Director with effect from 28 April 2016.
Mahesh Tahilyani is not related to any Director of the Company.
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