Force Motors reported a 36.84% year-on-year increase in total vehicle sales for July 2026, reaching 3,770 units compared to 2,755 units in the same period last year. The growth was primarily driven by strong domestic demand, which rose 38.44% compared to the prior year period. This surge in domestic sales more than compensated for a significant contraction in export volumes, resulting in robust overall performance for the month.

The company disclosed these figures on August 3, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The data covers sales of Small Commercial Vehicles (SCV), Light Commercial Vehicles (LCV), Utility Vehicles (UV), and Sports Utility Vehicles (SUV). Rohan Sampat, Company Secretary & Compliance Officer, signed off on the disclosure submitted to both BSE Limited and the National Stock Exchange of India Ltd.

Sales Performance Breakdown

Domestic sales emerged as the key growth engine, rising from 2,700 units in July 2025 to 3,738 units in July 2026. This represents an addition of over 1,000 units in a single month, indicating renewed consumer or fleet demand in the Indian market. In contrast, export sales faced headwinds, dropping by 41.82% to just 32 units, down from 55 units in the prior year period. The following table summarises the month's sales performance across all categories:

What the Numbers Show

The divergence between domestic and export performance highlights a concentration risk in the international segment, where volume has become negligible at 32 units. With exports contributing less than 1% of total sales, Force Motors' current momentum is almost entirely dependent on its domestic footprint. The 38.44% rise in domestic sales suggests that recent product strategies or market conditions are favoring local uptake of SCVs, LCVs, UVs, and SUVs, while international channels may be experiencing logistical delays or reduced demand.

The company's registered office is located in Pune, Maharashtra. Investors should note that while the monthly sales data indicates strong operational activity, it does not reflect revenue figures or profitability metrics, which are typically disclosed in quarterly results.

The Board of Directors of Force Motors approved the re-appointment of three independent directors—Vallabh Bhanshali, Mukesh Patel, and Sonia Prashar—for a second consecutive five-year term on July 29, 2026. The decision, based on the recommendation of the Nomination and Remuneration Committee (NRC), ensures continuity in governance as the directors serve until August and September 2032. These appointments remain subject to approval by the shareholders of the company.

The Board meeting, held on July 29, 2026, commenced at 2:56 p.m. and concluded at 4:23 p.m. The company confirmed that the appointed directors are not debarred from holding office by SEBI or any other authority. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Director Appointments

The company sought to re-appoint the following independent directors:

Profiles and Expertise

Vallabh Bhanshali is the Co-founder and Chairman of Enam Securities. He has served on policy-making bodies including the Reserve Bank of India and is a Founding Member of the Governing Board of Flame University and ISPP. He is also a recipient of two honorary doctorates and has been admitted to the Hall of Fame of the Institute of Chartered Accountants.

Mukesh Patel is an Advocate and International Tax Expert with nearly five decades of experience. He has served on the Justice Easwar Committee for Simplification of the Income-tax Act and was appointed as the First Honorary Consul of Japan in India in 2024. He currently serves on the boards of Zydus Lifesciences Limited and Desai Brothers Ltd.

Sonia Prashar brings nearly three decades of experience in international trade and Indo-European cooperation. She is the Managing Director of Nuernbergmesse India Private Limited and serves as Secretary General of the Federation of European Business in India. She holds an MBA Essentials from the London School of Economics and Political Science.