Force Motors Limited has formally acknowledged receipt of a communication from the Securities and Exchange Board of India (SEBI) on March 4, 2026. The query seeks clarifications regarding the company’s financial results announcement made on February 12, 2024, for the period ending December 31, 2023. Furthermore, SEBI has requested details concerning a significant stock price movement observed between February 15, 2024, and February 20, 2024. The company confirms there is currently no material impact on its operations and plans to submit a comprehensive reply within the stipulated timeline.
Receipt of Regulatory Communication
Force Motors Limited issued a mandatory disclosure on March 5, 2026, confirming the receipt of an official communication from the Securities and Exchange Board of India (SEBI). The communication, received via email on March 4, 2026, requires the company to provide further details related to previous public disclosures.
Subject of Clarification
The primary focus of SEBI’s inquiry pertains to two main areas:
- Clarifications concerning the Unaudited Financial Results (both Standalone and Consolidated) announced on February 12, 2024, covering the quarter and nine months ended December 31, 2023 (FY 2023-24).
- Details sought regarding a significant movement in the company’s stock price recorded between February 15, 2024, and February 20, 2024.
Company Status and Action Plan
Force Motors Limited has conducted an initial review and confirms that, at this stage, there is no expected material impact on the financial operations of the company resulting from this request. The disclosure explicitly states that no aberrations, non-compliances, penalties, or sanctions were identified by the authority in the received communication.
The management, represented by Company Secretary & Compliance Officer Rohan Sampat, affirms that the company will take appropriate action by filing a suitable reply to SEBI within the permissible regulatory timeline.
Source: BSE
