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Acquisition

Force Motors Acquisition Worth ₹162 Cr

Force Motors Limited has acquired 100% shareholding of Veera Tanneries Private Limited (VTPL) for ₹161.96 Crore. Following the execution of the Share Purchase Agreement on April 23, 2026, VTPL has become a wholly owned subsidiary of the company.

Key figures
Value₹162.0 Cr
Source

NSE filing, NSE: FORCEMOT. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Force Motors Ltd: key numbers

Share price
₹17,787.00
Market cap
₹23,437 Cr
Revenue (annual)
₹9,057 Cr
Net profit (annual)
₹1,212 Cr
P/E (TTM)
19.6×Sector 31.3×
Promoter holding
61.63%+0.00% QoQ
FII holding
7.10%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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