Forbes & Company Ltd. announced that consequent upon Mr. Ashok Barat, Managing Director superannuating shortly from the services of the company, Mr. Mahesh C. Tahilyani has been appointed as Managing Director - Designate (Non-Board Position) of the company with effect from February 02, 2016 to gradually takeover from Mr. Barat. Before joining Forbes & Company Limited, Mr. Mahesh C. Tahilyani was working as group financial controller at Shapoorji Pallonji & Company private limited.