Force Motors accepts resignation of Associate Vice President

1 min read     Updated on 19 Jul 2026, 08:42 PM
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AI Summary

Force Motors Limited accepted the resignation of Amit Pramod Joshi, Associate Vice President and Senior Management Personnel, effective July 17, 2026. The resignation, attributed to personal reasons, was disclosed to BSE and NSE under Regulation 30 of the SEBI Listing Regulations. Joshi was part of the Corporate Strategy department.

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Force Motors Limited has accepted the resignation of Amit Pramod Joshi from the position of Associate Vice President, effective July 17, 2026. Joshi, who was designated as Senior Management Personnel (SMP), stepped down due to personal reasons. The company confirmed that his resignation was tendered via a letter dated July 17, 2026, and he was relieved from his duties on the same day.

The resignation was intimated to BSE Limited and the National Stock Exchange of India Ltd. under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The requisite disclosures, including the reason for cessation and a copy of the resignation letter, were submitted as Annexure-A and Annexure-B respectively.

Joshi was associated with the Corporate Strategy department. In his resignation letter addressed to the Managing Director, he expressed gratitude for the support and cooperation extended during his tenure. The company has made the relevant documents available on its official website.

Key Details of Resignation

Particulars Details
Name Amit Pramod Joshi
Position Associate Vice President (Corporate Strategy)
Designation Senior Management Personnel (SMP)
Reason Personal reasons
Effective Date July 17, 2026

The disclosure was filed by Rohan Sampat, Company Secretary & Compliance Officer of Force Motors Limited. The company's registered office is located on the Mumbai-Pune Road in Akurdi, Pune.

Historical Stock Returns for Force Motors

1 Day5 Days1 Month6 Months1 Year5 Years
+0.80%-1.93%-2.75%-8.26%-4.90%+1,074.67%

How will Force Motors fill the leadership gap in the Corporate Strategy department following Joshi's departure?

What impact will this resignation have on the company's ongoing strategic initiatives and long-term planning?

Will Force Motors appoint a successor from within the organization or seek external talent for the Associate Vice President role?

Force Motors June 2026 Sales Rise 23.50% to 3,568 Units on Strong Domestic Demand

0 min read     Updated on 02 Jul 2026, 05:56 AM
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Reviewed by
Shriram SScanX News Team
AI Summary

Force Motors recorded a 23.50% year-on-year increase in total sales for June 2026, selling 3,568 units compared to 2,889 units in June 2025. Domestic sales were the key growth driver, rising 26.63% to 3,547 units, while export sales declined sharply by 76.14% to 21 units. The data covers SCV, LCV, UV, and SUV segments and was disclosed under SEBI's Regulation 30.

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Force Motors sold 3,568 units in June 2026, recording a 23.50% increase compared to 2,889 units sold in the same month last year. The growth was primarily driven by a 26.63% rise in domestic sales, which reached 3,547 units from 2,801 units in June 2025. However, exports declined significantly during the month, dropping 76.14% to 21 units from 88 units in the corresponding period of the previous year.

The sales data covers Small Commercial Vehicles (SCV), Light Commercial Vehicles (LCV), Utility Vehicles (UV), and Sports Utility Vehicles (SUV). The company submitted this information to the exchanges in advance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sales Performance

The following table details the sales figures for June 2026 compared to June 2025:

Category: June 2026 (Units) June 2025 (Units) % Change
Domestic Sales: 3,547 2,801 26.63%
Export Sales: 21 88 (76.14%)
Total Sales: 3,568 2,889 23.50%

Historical Stock Returns for Force Motors

1 Day5 Days1 Month6 Months1 Year5 Years
+0.80%-1.93%-2.75%-8.26%-4.90%+1,074.67%

What factors contributed to the significant 76.14% decline in exports, and is this trend expected to continue?

Will the strong domestic sales growth sustain in the coming months given the current economic conditions?

How will the shift in sales mix towards domestic markets impact Force Motors' revenue and profit margins?

More News on Force Motors

1 Year Returns:-4.90%