Force Motors Limited

Event Details

The EGM of the "Second A" Equity Shareholders was held on Monday, 25th October, 2026, at 4:00 p.m. IST through Video Conferencing (VC). The deemed venue was the company's registered office at Mumbai - Pune Road, Akurdi, Pune - 411 035.

The record date (cut-off date) for determining shareholders eligible to vote was Monday, 19th October, 2026.

The company provided facilities for remote e-voting and e-voting during the EGM, as mandated by Section 108 of the Companies Act, 2013 and its rules, and SEBI LODR Regulation 44.

Resolution and Voting Results

A single special resolution was put to vote:

Resolution No. 1: "TO CONSIDER AND APPROVE PROPOSAL OF VARIATION IN THE RESTRICTIONS, TERMS AND CONDITIONS OF 1,15,748 SHARES HELD BY 'SECOND A' EQUITY SHAREHOLDERS WITH REGARD TO REMOVAL OF RESTRICTIONS ON TRANSFERABILITY AND OTHER INCIDENTAL CONDITIONS."

The resolution was passed with the requisite majority. The promoter and promoter group, as well as public institutions, did not cast any votes (0 votes polled).

Voting was conducted solely by public non-institutional shareholders:

  • Total 'Second A' Equity Shares: 115,748
  • Votes Polled (Public Non-Institutions): 96,398 shares
  • Votes Polled Percentage: 83.2826% of outstanding shares
  • Votes In Favour: 96,398 shares (100% of votes polled)
  • Votes Against: 0
  • Invalid Votes: 0

Scrutinizer Appointment and Report

CA Parag Pansare (Membership No. 117309) was appointed as the scrutinizer by the Board of Directors in a meeting held on 25th September, 2026.

The remote e-voting period was open from Thursday, 22nd October, 2026 (09:00 a.m. IST) to Sunday, 25th October, 2026 (05:00 p.m. IST). The e-voting service provider was National Securities Depository Limited (NSDL).

The scrutinizer's report, dated 27th October, 2026, confirmed the vote count. Votes cast during the EGM were counted first, followed by the unblocking of remote e-votes in the presence of two witnesses not employed by the company.

Additional Meeting Information

  • NSE Symbol: FORCEMOT
  • Meeting End Time: 04:33 PM
  • Total Shareholders on Record Date: 431
  • Shareholders Attending via VC: 134 (all from the public category)
  • Promoters Present: 0 (in person or through proxy)
  • Public Present: 0 (in person or through proxy)

The promoters/promoter group were not interested in this resolution.