Notice of Postal Ballot.

September 03, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 Scrip Code: 502865 Security ID: FORBESCO Dear Sir/Madam, Subject: Intimation of Postal Ballot Notice Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Postal Ballot notice dated August 14, 2026, along with the Explanatory Statement (“Notice”) for seeking approval of the Shareholders of the Company through remote e-voting, on the following matters: Sr. No. Description of Resolution Type of Resolution 1 Payment of Commission to Independent Directors Special Resolution In accordance with the applicable laws, the Notice being sent electronically to all the Shareholders whose name appears in the Register of Members / Statements of beneficial ownership maintained by the Depositories, i.e., National Securities Depository Limited (“NSDL”) and Central Depository Services (India) Limited (“CDSL”) as on Friday, August 28, 2026 (“cut-off date”). The same is also being made available on the website of the Company at www.forbes.co.in and website of the CDSL at www.evotingindia.com. The remote e-voting period shall commence on Friday, September 04, 2026 at 09:00 a.m. (IST) and concludes on Saturday, October 03, 2026 at 05:00 p.m. (IST). The results of the remote e-voting shall be declared on or before Tuesday, October 06, 2026. Kindly take the same on record. Thanking you. Yours faithfully For Forbes & Company Limited Mehul Raval Company Secretary and Compliance Officer Membership No: A18300 Encl: As above Forbes & Company Limited.Forbes' Building, Charanjit Rai Marg, Fort, Mumbai-400 001. Tel.: +91 22 61358900 Fax.: +91 22 61358901 www.forbes.co.in CIN No. L17110MH1919PLC000628 FORBES & COMPANY LIMITED CIN: L17110MH1919PLC000628 Registered Office: Forbes’ Building, Charanjit Rai Marg, Fort, Mumbai 400 001 Tel No: +91 22 61358900 Website: www.forbes.co.in; Email: investor.relations@forbes.co.in NOTICE OF POSTAL BALLOT Notice is hereby given pursuant to the provisions of Section 108, 110, and other applicable provisions of the Companies Act, 2013 (the “Act”), read together with the Companies (Management and Administration) Rules, 2014 (including any statutory modification or re-enactment thereof for the time being in force), Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR’), and the Secretarial Standard on General Meetings (‘SS-2’) issued by The Institute of Company Secretaries of India, as amended, and in accordance with the requirements prescribed by the Ministry of Corporate Affairs (‘MCA’) for holding general meetings/ conducting postal ballot process through e-voting vide General Circular No. 03/2025 dated September 22, 2025 read with other relevant circulars issued in this regard (‘MCA Circular’), the Company is seeking the approval of Members for the matters set out in the resolution appended below, through Postal Ballot including remote e-voting by electronic means. An explanatory statement pertaining to the resolution setting out the material facts concerning the same and the reasons thereof, as required in terms of Section 102 of the Act, is annexed hereto for your consideration. Pursuant to Rule 22(5) of Companies (Management and Administration) Rules, 2014, the Board of Directors of the Company has appointed Mr. Harshvardhan Tarkas (Certificate of Practice No. 24169), Practicing Company Secretary, as the Scrutinizer for conducting the postal ballot remote e-voting process in a fair and transparent manner. The Postal Ballot Notice is being sent in accordance with the MCA Circulars only by electronic mode to those Members, whose email addresses are registered with the Company/Depository and whose names appear in the Register of Members/Statements of beneficial ownership maintained by the Depositories i.e., National Securities Depository Limited (“NSDL”) and Central Depository Services (India) Limited (“CDSL”) as on the close of business hours on Friday, August 28, 2026 (cut-off date). Accordingly, a physical copy of the Notice along with Postal Ballot Form and pre-paid business reply envelope are not being sent to Members for this Postal Ballot. The Postal Ballot Notice will also be available on the Company’s website www.forbes.co.in. In accordance with the MCA Circulars, Members can vote only by electronic means. For this purpose, the Company has entered into an agreement with CDSL to facilitate e-voting to enable the Members to cast their votes electronically. Members are requested to read the instructions in the Notes for voting via electronic mode. The voting period commences on Friday, September 4, 2026, at 9.00 A.M (IST) and ends on Saturday, October 3, 2026, at 5.00 P.M (IST). The e-voting module will be blocked by CDSL at 5.00 PM (IST) on Saturday, October 3, 2026, and voting shall not be allowed beyond the said date and time. The result of the voting along with the Scrutinizer’s Report, shall be intimated to BSE Limited, within the permitted time and would be displayed at the Registered Office of the Company, and on the Company’s website viz., www.forbes.co.in and the website of Central Depository Services (India) Limited viz., www.evotingindia.com. In the event the Resolution is approved by the requisite majority of Members, the date of passing of the said resolution intimated to BSE Limited, shall be deemed to be October 3, 2026, i.e. the last date stipulated to receipt of votes through E- voting. SPECIAL BUSINESS: Payment of Commission to Independent Directors To consider and, if thought fit, to pass, with or without modification(s), the following resolution, as a Special Resolution: “Resolved that pursuant to the provisions of Section 197 and 198 read with Schedule V and other applicable provisions, if any, of the Companies Act, 2013 and Regulation 17(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time and, subject to other approvals as may be required, and as recommended by the Nomination and Remuneration committee and the Board of Directors, consent be and is hereby accorded to the payment and distribution of such sum by way of commission, not exceeding in aggregate, 1% per annum of the net profits of the Company for the relevant financial year to Independent Directors of the Company, the quantum, proportion and manner of such payment and distribution to be made as the Board of Directors of the Company (herein after referred as “Board” which term shall include any duly authorised committee thereof) may from time to time decide. Resolved further that the above remuneration shall be in addition to sitting fees and reimbursement of expenses for attending the meetings of the Board and/or other meetings being paid to the Independent Directors. Resolved further that in the event if in the financial year, there are no profits or profits are inadequate, the Company shall pay to the Independent Directors of the Company, commission by way of remuneration in accordance with the limits specified in Schedule V to the Companies Act, 2013 upto Rs. 60 lacs in aggregate. Resolved further that the Board be and is hereby authorised to do all such acts, deeds, matters and things including deciding on the manner of payment of commission and settle all questions or difficulties that may arise with regard to the aforesaid resolution as it may deem fit and to execute any agreements, documents, instructions, etc. as may be necessary or desirable in connection with or incidental to give effect to the aforesaid resolution.” By Order of the Board Mehul Raval August 14, 2026 Company Secretary & Compliance Officer Place: Mumbai Membership No. A18300 Registered Office: Forbes’ Building, Charanjit Rai Marg, Fort, Mumbai 400 001 Tel: +91 22 6135 8900 e-mail: investor.relations@forbes.co.in CIN: L17110MH1919PLC000628 [Showing first 8,000 characters — download PDF for full document]