FORBES Q2 ; With respect to Company's upcoming IT Park, Real Estate Project at Wagale Thane MIDC, the Board considered and approved an amount of Rs. 35 crores for carrying out excavation, site clearance, shore piling, earth work, structural work and related work for its initial phase of ear development.

The balance Project cost would be approved from time to time during the tenure of the Project.

FORBES & COMPANY LTD.