Force Motors Limited has received a communication from the Securities and Exchange Board of India (SEBI) Investigation Department seeking detailed information regarding the company's quarterly financial results announcement. The automotive manufacturer disclosed this development through a regulatory filing under Regulation 30(13) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Communication Details

The company received an email communication from SEBI on February 4, 2026, specifically related to its corporate announcement concerning quarterly financial results submitted on July 23, 2025. The inquiry covers a comprehensive period from April 1, 2025, to October 31, 2025.

Information Requested by SEBI

SEBI has sought comprehensive details across multiple areas related to the quarterly financial results disclosure. The regulatory authority has requested:

• Detailed chronology of events and information about insiders, designated persons, and individuals who had access to the information
• Complete details of all persons including promoters, directors, Key Managerial Personnel, designated persons, consultants, and others involved in or having access to unpublished price-sensitive information
• Documentary evidence supporting information access to individuals
• Details of Audit Committee members during the specified period
• Information about trading window closures between April 1, 2025, and October 31, 2025
• Any other relevant details the company wishes to share

Company's Response and Status

Force Motors has clarified that the SEBI communication is purely informational in nature, with no adverse findings communicated at this stage. The company has confirmed several key aspects regarding the inquiry:

Regulatory Compliance

The disclosure was signed by Rohan Sampat, Company Secretary and Compliance Officer, confirming that all information provided in the regulatory filing is true, correct, and complete to the best of the company's knowledge and belief. Force Motors is currently in the process of compiling and preparing the requested data in the formats specified by SEBI and will submit its response within the timeline provided in the communication.

This development represents a routine regulatory inquiry process, with SEBI seeking additional information about the company's disclosure practices related to quarterly financial results. The company has emphasized that no penalties, restrictions, or sanctions have been imposed as part of this communication.

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.