Force Motors Announces Special Window for Share Transfer and Saksham Niveshak Campaign

2 min read     Updated on 29 Apr 2026, 12:43 AM
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Reviewed by
Ashish TScanX News Team
AI Summary

Force Motors Limited published newspaper notice on 28th April, 2026 regarding Special Window for transfer and dematerialization of physical shares (5th February, 2026 to 4th February, 2027) and Second 100 Days Campaign "Saksham Niveshak" (1st April, 2026 to 9th July, 2026) under SEBI Regulation 30. The initiatives aim to facilitate physical share transfers and encourage shareholders to claim unpaid dividends from FY 2018-19 to 2024-25 to prevent IEPFA transfer.

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Force Motors Limited has published an official newspaper notice informing shareholders about two important regulatory initiatives under SEBI Listing Regulations. The notice was published in Financial Express (English Language - All India edition) and Loksatta (Marathi Language - Pune and Mumbai edition) newspapers on 28th April, 2026.

Special Window for Physical Share Transfer

Pursuant to SEBI Circular No. H0/38/13/11(2) 2026 - MIRSD-POD/1/3750/2026 dated 30th January, 2026, the company has opened a Special Window for a period of one year. This facility operates from 5th February, 2026 to 4th February, 2027 to facilitate transfer and dematerialization of physical securities which were sold/purchased prior to 1st April, 2019.

Parameter: Details
Window Period: 5th February, 2026 to 4th February, 2027
Applicable Securities: Physical shares sold/purchased before 1st April, 2019
Transfer Mode: Mandatory demat credit to transferee
Lock-in Period: One year from registration date

The special window also covers transfer requests that were previously submitted but rejected, returned, or not attended to due to deficiencies in documents or processes. Securities transferred through this window will be mandatorily credited to the transferee only in demat mode and will remain under lock-in for one year from the date of registration of transfer. During the lock-in period, these securities cannot be transferred, lien marked, or pledged.

Second 100 Days Campaign - "Saksham Niveshak"

Following communication from the Investor Education & Protection Fund Authority (IEPFA) dated 27th March, 2026, Force Motors has relaunched the Second 100 Days campaign "Saksham Niveshak" from 1st April, 2026 to 9th July, 2026.

Campaign Details: Information
Campaign Period: 1st April, 2026 to 9th July, 2026
Eligible Years: Financial Years 2018-19 to 2024-25
Purpose: Prevent transfer of shares and dividends to IEPFA
Target Shareholders: Those with unclaimed dividends or incomplete KYC

During this campaign, shareholders who have not claimed their dividends for any financial years from 2018-19 to 2024-25, or have not updated their KYC, are encouraged to claim their unpaid/unclaimed dividends. This action will prevent their shares and dividends from being transferred to the Investor Education and Protection Fund Authority (IEPFA).

Contact Information for Shareholders

Investors are requested to furnish necessary documents for the aforementioned purposes by contacting the company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited.

Contact Details: Information
Address: Block No. 202, 2nd Floor, Akshay Complex, Near Ganesh Temple, Off. Dhole Patil Road, Pune - 411 001
Email: rnt.helpdesk@in.mpms.mufg.com / Investor.helpdesk@in.mpms.mufg.com
Website: www.in.mpms.mufg.com

The notice was signed by Rohan Sampat, Company Secretary & Compliance Officer (M. No.: A33820), and digitally signed on 28th April, 2026. The information will also be made available on the company's website at www.forcemotors.com .

Historical Stock Returns for Force Motors

1 Day5 Days1 Month6 Months1 Year5 Years
+3.60%-5.28%+1.75%+27.54%+130.40%+1,794.80%

Will SEBI extend the special window beyond February 2027 if there's significant demand from shareholders with pre-2019 physical shares?

How might the one-year lock-in period for transferred shares impact Force Motors' trading liquidity and stock price volatility?

What percentage of Force Motors' shareholder base is expected to participate in the Saksham Niveshak campaign to reclaim unclaimed dividends?

Force Motors Completes ₹161.96 Crore Acquisition of Veera Tanneries Private Limited

1 min read     Updated on 24 Apr 2026, 02:05 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Force Motors Limited has completed the acquisition of Veera Tanneries Private Limited for ₹161.96 crores through a Share Purchase Agreement executed on 23rd April, 2026. The transaction makes VTPL a wholly owned subsidiary of Force Motors and follows proper regulatory disclosure requirements under SEBI regulations. This strategic acquisition expands Force Motors' business portfolio and represents a significant investment in vertical integration within the tannery sector.

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Force Motors Limited has completed a significant acquisition by purchasing the entire shareholding of Veera Tanneries Private Limited (VTPL) for ₹161.96 crores. The company executed a Share Purchase Agreement on 23rd April, 2026, marking the completion of the acquisition process that was initially disclosed in February 2026.

Acquisition Details

The transaction involved the execution of a Share Purchase Agreement between Force Motors Limited, Veera Tanneries Private Limited, and the shareholders of VTPL. Following this acquisition, VTPL has become a wholly owned subsidiary of Force Motors Limited.

Parameter: Details
Acquisition Date: 23rd April, 2026
Target Company: Veera Tanneries Private Limited
Total Consideration: ₹161,96,25,729
Ownership Structure: Wholly Owned Subsidiary
Agreement Type: Share Purchase Agreement

Regulatory Compliance

The acquisition has been disclosed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Force Motors had previously informed the stock exchanges about this acquisition through intimations dated 4th February, 2026 and 6th February, 2026.

The company has confirmed that all required disclosures under SEBI LODR Regulations, in line with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2//3762/2026 dated 30th January, 2026, were already furnished in their previous intimation dated 4th February, 2026.

Corporate Structure Impact

With the completion of this acquisition, Veera Tanneries Private Limited now operates as a wholly owned subsidiary of Force Motors Limited. This strategic move expands Force Motors' business portfolio and strengthens its operational capabilities through vertical integration in the tannery sector.

The acquisition represents a significant investment by Force Motors, demonstrating the company's commitment to expanding its business operations and diversifying its revenue streams through strategic acquisitions in complementary industries.

Historical Stock Returns for Force Motors

1 Day5 Days1 Month6 Months1 Year5 Years
+3.60%-5.28%+1.75%+27.54%+130.40%+1,794.80%

How will Force Motors integrate VTPL's tannery operations with its existing automotive manufacturing business to achieve synergies?

What impact might this diversification into the leather industry have on Force Motors' financial performance and stock valuation?

Could this acquisition signal Force Motors' strategy to develop automotive interior components using in-house leather production capabilities?

More News on Force Motors

1 Year Returns:+130.40%