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Force Motors Limited M&A Activity 2026

Apr 23, 2026

61372_rns_2026-04-23_36e14c2a-137f-47b8-8971-caa2f5b8fbdc.pdf

M&A Activity

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==> picture [109 x 60] intentionally omitted <==

FML: SEC: F-42 (18)

23[rd ] April, 2026

To,BSE LimitedPhiroze Jeejeebhoy Towers,Dalal Street, Mumbai – 400 001. To,National Stock Exchange of India Ltd.Exchange Plaza, 5thFloor, Plot No.C-1, GBlock Bandra-Kurla Complex, Bandra(East), Mumbai 400 051.
Scrip Code: 500033 **NSE Symbol: FORCEMOT **

Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Update on Acquisition.

Ref: Earlier Intimations by Force Motors Limited dated 4[th] February, 2026 and 6[th] February, 2026, under Regulation 30 – Update on Acquisition.

Dear Sir / Madam,

In continuation to our earlier aforementioned intimations dated 4[th] February, 2026 and 6[th] February, 2026, and in terms of the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that, the Company has executed a Share Purchase Agreement, by and between the Company, Veera Tanneries Private Limited (“ VTPL ”) and shareholders of VTPL on 23[rd] April, 2026.

The total consideration for purchase of entire shareholding of VTPL was Rs. 161,96,25,729.

Pursuant to such acquisition, VTPL has now become a Wholly Owned Subsidiary of the Company.

Further, the disclosures required under SEBI LODR Regulations in line with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30[th] January, 2026 and other applicable SEBI Circular(s) have already been furnished vide our previous intimation dated 4[th] February, 2026.

Kindly take the information on records.

Thanking you,

Yours faithfully, For Force Motors Limited

Digitally signed ROHAN by ROHAN SAMPAT Date: 2026.04.23 SAMPAT 19:52:33 +05'30'

Rohan Sampat Company Secretary & Compliance Officer M. No.: A33820

FORCE MOTORS LIMITED

CIN L34102PN1958PLC011172 Regd. Office : Mumbai-Pune Road, Akurdi, PUNE – 411 035, INDIA. Tel. : (+91) 20 2747 63 81 Visit us at : www.forcemotors.com

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