Force Motors has announced its strategic plan to complete the full acquisition of Veera Tanneries, with a target completion date of March 31, 2026.

Acquisition Timeline

The automotive manufacturer has set a clear timeline for the buyout process, indicating a structured approach to fully acquiring the tannery business. The March 31, 2026 deadline suggests comprehensive planning for the integration process.

Strategic Expansion

This acquisition represents a significant corporate development for Force Motors as it diversifies its business portfolio beyond its core automotive operations. The move to fully acquire Veera Tanneries indicates the company's commitment to expanding into complementary business segments.

The planned acquisition demonstrates Force Motors' strategic vision for business expansion and diversification, marking an important milestone in the company's growth trajectory.

Force Motors has reported its monthly sales data for January 2026 under Regulation 30, demonstrating positive overall growth despite mixed performance across domestic and export segments. The company achieved total sales of 3,764 units during the month, marking a 4.64% improvement over the previous year's performance.

Overall Sales Performance

The automotive manufacturer recorded year-on-year growth in its January sales figures, showing resilience in the competitive market environment. The comprehensive sales data reflects the company's performance across both domestic and international markets.

Domestic Market Strength

The domestic segment demonstrated robust performance with sales of 3,665 units in January 2026, representing a 4.92% increase from 3,493 units in January 2025. This growth encompasses the company's portfolio of Small Commercial Vehicles (SCV), Light Commercial Vehicles (LCV), Utility Vehicles (UV) and Sports Utility Vehicles (SUV).

The strong domestic performance indicates Force Motors' ability to maintain customer demand and market share in the Indian automotive market. The additional 172 units sold in the domestic market compared to the previous January demonstrates the company's steady performance in its core market.

Export Segment Challenges

While domestic sales showed positive growth, the export segment faced headwinds with sales declining to 99 units in January 2026 from 104 units in January 2025, representing a 4.81% decrease. This decline of 5 units reflects the challenges in international markets.

Regulatory Compliance and Transparency

The sales data was submitted in advance as per the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information was filed by Company Secretary & Compliance Officer Rohan Sampat, demonstrating the company's commitment to regulatory compliance and transparent disclosure practices.