FORCEMOT
FORCE MOTORS LTD
NSELast Traded Price
₹17370
-5 (-0.03%)
Open
₹17355
High
₹17469
Low
₹17280
Prev Close
₹17375
Industry
Passenger Cars & Utility Vehicles
Market Cap
22638.17 Cr
Filing History
Recent corporate announcements and filings for FORCEMOT
Governance
Positive
2026-08-25 21:41
- Force Motors Limited will hold its 67th Annual General Meeting (AGM) on Wednesday, 16th September, 2026, at 03:00 p.m. (IST) via Video Conferencing/OAVM.
- The Record Date for determining eligibility for Dividend for FY 2025-26 and e-Voting is Wednesday, 9th September, 2026.
- The e-voting period is from 12th September, 2026 to 15th September, 2026.
- The Register of Members and Share Transfer Books will be closed from 10th September, 2026 to 16th September, 2026.
- Dividend, if declared, will be paid within 30 days from the 67th AGM.
Governance
Positive
2026-08-25 21:38
- Force Motors Limited will hold its 67th Annual General Meeting (AGM) on Wednesday, September 16, 2026, at 03:00 p.m. IST via Video Conferencing/OAVM.
- The Record Date for determining eligible members for the Dividend for FY 2025-26 and for e-voting is Wednesday, September 09, 2026.
- The remote e-voting period is from Saturday, September 12, 2026 (09:00 A.M.) to Tuesday, September 15, 2026 (05:00 P.M.).
- The Register of Members and Share Transfer Books will be closed from Thursday, September 10, 2026, to Wednesday, September 16, 2026.
- Dividend, if declared at the AGM, will be paid within 30 days from the AGM date.
Governance
Positive
2026-08-25 21:02
- Force Motors Limited to hold its 67th Annual General Meeting (AGM) on Wednesday, September 16, 2026, at 3:00 p.m. (IST) via Video Conferencing.
- The Record Date for determining eligibility for Dividend (FY 2025-26) and E-Voting is Wednesday, September 9, 2026.
- The E-Voting period is from September 12, 2026, to September 15, 2026.
- Book Closure will be from September 10, 2026, to September 16, 2026.
- Dividend, if declared, will be paid within 30 days from the AGM date.
Governance
Neutral
2026-08-25 20:23
- The 67th Annual General Meeting (AGM) of Force Motors Limited will be held on Wednesday, September 16, 2026, at 3:00 p.m. via Video Conferencing.
- The Record Date for dividend for FY 2025-26 and Cut-off Date for e-voting is September 09, 2026.
- The e-voting period is from September 12 to September 15, 2026.
- Book Closure: September 10 to September 16, 2026.
- Dividend, if declared, will be paid within 30 days of the AGM.
Routine
Neutral
2026-08-25 18:26
- Force Motors Limited issued a communication to shareholders holding shares in physical mode to furnish their PAN and other KYC details as per SEBI (Listing Regulations, 2015) requirements.
- The company stated that from April 1, 2024, dividends will be paid only through electronic mode upon furnishing of complete KYC details.
- Shareholders are requested to complete KYC formalities at the earliest.
Business Update
Neutral
2026-08-07 17:27
- Force Motors Limited filed an Investor Presentation for the quarter ended June 30, 2026.
- The presentation details Standalone and Consolidated financial performance.
- It is available on the company's website (www.forcemotors.com).
Business Update
Positive
2026-08-03 13:59
- Force Motors Limited reported total sales of 3,770 units in July 2026, marking a 36.84% increase YoY.
- Domestic sales grew by 38.44% to 3,738 units, while export sales decreased by 41.82% to 32 units.
Governance
Neutral
2026-07-29 18:42
- Force Motors Limited announced changes in Senior Management Officials (SMO).
- Nine officials, including Mr. Makarand P. Kanade, Mr. Pradeep S. Dhadiwal, and others, ceased to be part of the SMOs effective 29th July, 2026.
- The company clarified that these changes pertain to the cessation of officials as SMOs, not resignations.
Governance
Negative
2026-07-29 18:27
CRITICAL RED FLAG DETECTED
- Board approved changes to Senior Management Officials (SMOs) on July 29, 2026. Ten officials ceased to be part of SMOs, effective July 29, 2026, based on NRC recommendation.
Governance
Neutral
2026-07-29 18:07
- Board approved the re-appointment of Mr. Vallabh Bhanshali, Mr. Mukesh Patel, and Ms. Sonia Prashar as Independent Directors for a second term of 5 consecutive years, commencing from August/September 2027, subject to shareholder approval.
Governance
Neutral
2026-07-29 18:07
- The Board of Directors of Force Motors Limited approved the re-appointment of Mr. Vallabh Bhanshali, Mr. Mukesh Patel, and Ms. Sonia Prashar as Independent Directors for a second term of 5 consecutive years each.
- The re-appointments commence from August 13, 2027, for Mr. Bhanshali and Mr. Patel, and from September 28, 2027, for Ms. Prashar.
- All re-appointments are subject to the approval of shareholders.
Governance
Neutral
2026-07-29 18:07
- Force Motors Limited announced the re-appointment of three existing Independent Directors: Mr. Vallabh Bhanshali, Mr. Mukesh Patel, and Ms. Sonia Prashar.
- Each re-appointment is for a second term of five consecutive years, effective from August/September 2027, subject to shareholder approval.
Governance
Positive
2026-07-29 17:57
- The Board of Directors of Force Motors Limited re-appointed three existing Independent Directors, Mr. Vallabh Bhanshali, Mr. Mukesh Patel, and Ms. Sonia Prashar, for a second term of five consecutive years, commencing from August/September 2027, subject to shareholder approval.
Governance
Neutral
2026-07-29 17:51
- Force Motors Limited announced the re-appointment of three existing Independent Directors: Mr. Vallabh Bhanshali, Mr. Mukesh Patel, and Ms. Sonia Prashar.
- Each is re-appointed for a second term of five consecutive years, commencing from August/September 2027, subject to shareholder approval.
Governance
Positive
2026-07-29 17:35
- Board of Directors approved alteration in the Object Clause of the Memorandum of Association (MoA) on July 29, 2026.
- The change aims to broaden the company's scope, including power generation for captive use or external commercial supply.
- The proposal is subject to shareholder approval.
Financials
Positive
2026-07-29 17:24
- Consolidated Revenue ₹2,440.01Cr vs ₹2,297.25Cr (▲6.2% YoY)
- EBITDA ₹332.63Cr vs ₹323.07Cr (▲3.0% YoY)
- PAT ₹216.59Cr vs ₹176.36Cr (▲22.8% YoY)
- EBITDA Margin 13.6% vs 14.1% (▼43bps)
Financials
Neutral
2026-07-22 22:40
- Board meeting scheduled for July 29, 2026, to consider and approve Unaudited (Standalone and Consolidated) Financial Results for the quarter ended June 30, 2026.
- Trading window closed from July 1, 2026, to July 31, 2026.
Governance
Negative
2026-07-17 20:47
CRITICAL RED FLAG DETECTED
- Mr. Amit Pramod Joshi, Associate Vice President and Senior Management Personnel (SMP) of Force Motors Limited, has resigned due to personal reasons. His resignation is effective from July 17, 2026.
Business Update
Positive
2026-07-01 18:16
- Total sales (Domestic + Export) for June 2026 stood at 3,568 units, a 23.50% increase YoY.- Domestic sales increased by 26.63% YoY to 3,547 units.- Export sales decreased by 76.14% YoY to 21 units.
Routine
Neutral
2026-06-25 20:01
- The trading window for Designated Persons and their immediate relatives will close from July 1, 2026.
- It will remain closed until 48 hours after the announcement of the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
- The date of the Board Meeting will be communicated in due course.
Governance
Negative
2026-06-01 20:20
CRITICAL RED FLAG DETECTED
- Mr. Manoj Laxman Patil, Manager - Safety and Senior Management Personnel (SMP), has resigned from Force Motors Limited.
- The resignation is effective from June 1, 2026, due to personal reasons.
Governance
Negative
2026-06-01 20:11
- Resignation of Mr. Manoj Laxman Patil, Manager - Safety, designated as Senior Management Personnel (SMP).
- He tendered his resignation for personal reasons, effective June 1, 2026.
Business Update
Negative
2026-06-01 19:22
- Total sales (Domestic + Export) for May 2026 were 2,614 units, a decrease of 15.35% compared to May 2025 (3,088 units).
- Domestic sales decreased by 14.72% YoY.
- Export sales decreased by 37.21% YoY.
Routine
Neutral
2026-05-05 14:56
New Filing detected. See link for details.
Business Update
Positive
2026-05-05 12:52
Force Motors launched its New Force Traveller N Range on May 5, 2026, a Light Commercial Vehicle designed for shared passenger mobility, including ambulance, delivery van, and school bus applications. The new range features an all-new car-like cockpit, improved NVH, advanced HVAC system, and enhanced structural integrity. This launch signifies a complete transition of Force Motors' Traveller range to this new model, aiming to provide a more refined experience, improved performance, and reduced total cost of ownership. Bookings for the new range will commence mid-May 2026.
Business Update
Positive
2026-05-05 12:47
Force Motors Limited announced the launch of its New Force Traveller N Range, a Light Commercial Vehicle, on May 5, 2026. This new range, catering to both domestic and international markets, includes applications for ambulances, delivery vans, and school buses. The company will transition its entire Traveller range to this new model, with bookings commencing mid-May 2026. The new range features significant enhancements in comfort, convenience, reliability, and performance.
Financials
Positive
2026-04-29 18:21
Consolidated Revenue for Q4 FY26 grew to ₹2549.84 Cr vs ₹2356.01 Cr (▲8.23% YoY). EBITDA (before exceptional items) rose to ₹419.12 Cr vs ₹334.25 Cr (▲25.39% YoY), with EBITDA Margin expanding to 16.44% vs 14.19% (▲225 bps). Net Profit (PAT) was ₹278.54 Cr vs ₹434.74 Cr (▼35.93% YoY), primarily impacted by the absence of significant exceptional income reported in the prior year quarter. The Board also recommended a dividend of Rs. 50 per equity share for FY26.
Financials
Positive
2026-04-29 18:10
Standalone Revenue ₹254.97Cr vs ₹235.59Cr (▲8% YoY), EBITDA ₹41.42Cr vs ₹32.91Cr (▲26% YoY), PAT ₹27.37Cr vs ₹42.96Cr (▼36% YoY). EBITDA Margin 16.24% vs 13.97% (▲227bps). The reported decline in PAT is primarily due to a high base in the prior year which included a significant exceptional income. The company recommended a dividend of ₹50 per equity share for FY26.
Financials
Positive
2026-04-29 18:07
Consolidated Revenue ₹2,583.69 Cr vs ₹2,374.14 Cr (▲9% YoY), EBITDA ₹452.97 Cr vs ₹352.38 Cr (▲29% YoY), PAT ₹278.54 Cr vs ₹434.74 Cr (▼36% YoY). EBITDA Margin 17.5% vs 14.8% (▲270bps). The Board also recommended a dividend of ₹50 per equity share for FY2025-26.
Business Update
Positive
2026-04-23 19:59
Force Motors Limited announced the acquisition of Veera Tanneries Private Limited (VTPL) on April 23, 2026, making it a Wholly Owned Subsidiary. The total consideration for the purchase of VTPL's entire shareholding was Rs. 1,61,96,25,729.
Routine
Neutral
2026-04-22 22:23
New Filing detected. See link for details.
Routine
Neutral
2026-04-14 21:43
Force Motors Limited submitted the Regulation 74(5) SEBI Certificate for the quarter ended March 31, 2026. The Registrar and Share Transfer Agent, MUFG Intime India, confirmed timely dematerialization, acceptance/rejection, mutilation, cancellation of security certificates, and updation of records.
Business Update
Positive
2026-04-01 16:06
Force Motors reported a 13.49% YoY increase in total vehicle sales to 4,199 units for March 2026. Domestic sales grew 14.42% to 4,126 units, offsetting a 22.34% drop in exports to 73 units due to geopolitical tensions.
Routine
Neutral
2026-03-26 18:50
Force Motors Limited announced the closure of its trading window for Designated Persons and their relatives from April 1st, 2026, until 48 hours post the announcement of Audited Standalone and Consolidated Financial Results for the quarter and year ending March 31st, 2026, in compliance with SEBI Insider Trading Regulations.
Governance
Neutral
2026-03-17 19:30
Force Motors announced the successful completion of remote e-voting postal ballot for three special resolutions. Shareholders approved the appointments of Mr. Gautam Hemant Bambawale, Mr. Nitin Nandkishor Kareer, and Lt. Gen. Vinod Gulabrao Khandare (Retd.) as Independent Directors for 5-year terms, with overwhelming majority.
Governance
Negative
2026-03-05 15:01
CRITICAL RED FLAG DETECTED
Force Motors Limited received a SEBI email on March 4, 2026, requesting information about the disclosure of its Q2 FY2024-25 unaudited financial results. SEBI sought details on event chronology, insiders, and the Structured Digital Database. The company will reply, stating no material financial impact.
Business Update
Negative
2026-03-05 14:49
CRITICAL RED FLAG DETECTED
Force Motors received a SEBI communication on March 4, 2026, seeking clarifications on its Q3 FY2024 unaudited financial results (ended Dec 31, 2023) and significant stock price movement between Feb 15-20, 2024. The company will file a suitable reply.
Business Update
Positive
2026-03-02 14:14
Force Motors reported February 2026 sales data: Domestic sales increased 8.63% YoY to 3,825 units, while Exports decreased 17.72% to 65 units. Total sales (Domestic + Export) rose 8.06% YoY to 3,890 units.
Governance
Neutral
2026-02-12 17:41
Force Motors Limited announced a Postal Ballot for shareholder approval to appoint Mr. Gautam H. Bambawale, Mr. Nitin N. Kareer, and Lt. Gen. Vinod G. Khandare (Retd.) as Independent Directors for 5-year terms. E-voting runs from Feb 13, 2026, to March 14, 2026.
Routine
Neutral
2026-02-12 10:46
New Filing detected. See link for details.
Business Update
Positive
2026-02-06 18:43
Force Motors Limited executed an MOU on Feb 6, 2026, to acquire 100% shares of Veera Tanneries Private Limited (VTPL) for ₹175 Crores, subject to due-diligence and agreed terms.
Routine
Neutral
2026-02-05 23:41
New Filing detected. See link for details.
Business Update
Positive
2026-02-02 13:32
Force Motors reported a 4.64% increase in total sales (Domestic + Export) for January 2026, reaching 3,764 units compared to 3,597 units in January 2025. Domestic sales rose by 4.92%, while exports declined by 4.81%.
Governance
Positive
2026-01-29 20:43
Force Motors Limited announced the appointment of Lt. Gen. Vinod Gulabrao Khandare (Retd.) as an Additional Director, designated as an Independent Director, for a term of 5 years, effective from January 29, 2026.
Governance
Neutral
2026-01-28 22:37
Board meeting scheduled for Wednesday, February 4, 2026, to consider and approve Unaudited (Standalone and Consolidated) Financial Results for the quarter and nine months ended December 31, 2025. The trading window for dealing in equity shares closed from January 1, 2026, and will remain closed until February 6, 2026.