Force Motors Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate was filed with both BSE Limited and National Stock Exchange of India Limited on April 14, 2026.

Regulatory Compliance Filing

The certificate was signed by Rohan Sampat, Company Secretary & Compliance Officer of Force Motors Limited, and submitted to the stock exchanges as part of mandatory regulatory requirements. The document references the company's scrip code 500033 on BSE and symbol FORCEMOT on NSE.

Registrar Confirmation

The compliance certificate was issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), which serves as the registrar and share transfer agent for Force Motors Limited. The registrar, holding SEBI registration number INR000004058, provided confirmation dated April 6, 2026.

Dematerialisation Process Compliance

According to the certificate issued by MUFG Intime India, all securities received from depository participants for dematerialisation during the quarter ended March 31, 2026 were properly confirmed to the depositories. The registrar confirmed that:

• Securities received for dematerialisation were confirmed or rejected within prescribed timelines
• Security certificates were mutilated and cancelled after due verification by depository participants
• Names of depositories were substituted in the register of members as registered owners
• All listed securities comply with stock exchange requirements

Corporate Information

Force Motors Limited, incorporated under CIN L34102PN1958PLC011172, maintains its registered office at Mumbai-Pune Road, Akurdi, Pune – 411035. The company's registrar MUFG Intime India Private Limited operates from Block No 202, 2nd Floor, Akshay Complex, Off Dhole Patil Road, Pune - 411001.

The certificate was signed by Ashok Shetty, Vice President – Corporate Registry at MUFG Intime India Private Limited, confirming the proper execution of all dematerialisation processes during the specified quarter.

Force Motors has reported a positive sales performance for March 2026, with total vehicle sales reaching 4,199 units compared to 3,700 units in March 2025. This achievement represents a notable year-on-year growth of 13.49%, reflecting the company's strengthened market position despite challenges in export markets.

March 2026 Sales Performance Breakdown

The commercial vehicle manufacturer's March sales figures demonstrate sustained growth momentum driven primarily by domestic market performance. The company's regulatory filing under Regulation 30 of SEBI regulations provides detailed insights into both domestic and export sales performance.

Domestic Market Strength

Force Motors demonstrated robust domestic performance with 4,126 units sold in March 2026, representing a significant 14.42% increase from 3,606 units in March 2025. The domestic segment, comprising Small Commercial Vehicles (SCV), Light Commercial Vehicles (LCV), Utility Vehicles (UV), and Sports Utility Vehicles (SUV), showed strong market acceptance and operational efficiency.

Export Challenges

The export segment faced headwinds with sales declining to 73 units in March 2026 from 94 units in March 2025, marking a 22.34% decrease. According to the company's regulatory filing, export volumes have been impacted by ongoing geopolitical tensions, especially in the Middle East region.

Regulatory Compliance and Market Position

The sales data was submitted in advance under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating the company's commitment to transparency. The overall 13.49% growth in total sales indicates Force Motors' ability to navigate market challenges while maintaining competitive positioning in the commercial vehicle segment.