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As on : 01-Oct-2026
Corporate News
01-Oct-2026     23:16

Force Motors seeks shareholder approval to lift transferability restrictions on 115,748 shares

Force Motors Limited has called an Extraordinary General Meeting for its “Second A” Equity Shareholders, scheduled for Monday, October 26, 2026, at 4:00 PM IST via video conferencing. The meeting aims to secure shareholder approval to remove transferability restrictions on the 1,15,748 “Second A” shares, originally issued in 1983 with limitations on transferability to employees. The company, citing the Companies Act of 2013, believes removing these restrictions will benefit shareholders and has received prior approvals from SEBI and the MCA. The Board of Directors recommends approval of the resolution, and no directors or key managerial personnel have a personal interest in the matter. Shareholders can access the notice and further details at [https://www.forcemotors.com/wp-content/uploads/2026/09/Notice-of-02-2026-27-Extraordinary-General-Meeting-of-Second-A-Equity-Shareholders.pdf](https://www.forcemotors.com/wp-content/uploads/2026/09/Notice-of-02-2026-27-Extraordinary-General-Meeting-of-Second-A-Equity-Shareholders.pdf).

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