Board Approves Removal of Transfer Restrictions on 27,600 'A' and 1,15,748 'Second A' Equity Shares
The Board, on 25th September 2026, approved removing the transferability restrictions and other incidental conditions on 27,600 "A" Equity Shares and 1,15,748 "Second A" Equity Shares, both held in physical mode.
By ScoutQuest · · 1 min read
- A Equity Shares Affected
- 27,600
- Second A Equity Shares Affected
- 1,15,748
- Board Decision Date
- 25th September 2026
- Board Meeting Time
- 03:33 p.m. to 03:50 p.m.
- Share Status
- Not listed on BSE or NSE
What the Board decided
At its meeting on 25th September 2026, the Board of Force Motors approved a proposal to remove the restrictions on transferability, and other incidental conditions, attached to two special classes of shares held in physical form.
- 27,600 "A" Equity Shares
- 1,15,748 "Second A" Equity Shares
This follows the company's earlier intimation dated 21st September 2026.
What this means in plain terms
These "A" and "Second A" Equity Shares carry conditions that limit how freely holders can transfer them. The Board has now approved doing away with those limits. Once effective, holders of these shares would be able to transfer them without the existing restrictions.
Importantly, these shares are not listed on BSE Limited or the National Stock Exchange, where the company's ordinary equity shares are listed and traded.
Next steps
The decision is subject to the approval of the shareholders holding the "A" Equity Shares and "Second A" Equity Shares, and to other regulatory approvals, if any.
Meeting details
The Board meeting commenced at 03:33 p.m. and concluded at 03:50 p.m. The information will also be hosted on the company's website.
How investors may read it
This is a housekeeping and structural step concerning a small, unlisted class of shares rather than the company's traded equity. It does not by itself change the company's business operations or financials.
Also from Force Motors
Board meeting on 28 October 2026 to consider September quarter results
21 Oct 2026
CRISIL AA+/Stable and CRISIL A1+ reaffirmed on Rs. 765 crore bank facilities of Force Motors
19 Oct 2026
Mitesh Thakur recommended buying Force Motors, showing first signs of reversal from lower levels
16 Oct 2026
More numbers
- "A" Equity Shares covered27,600
- "Second A" Equity Shares covered1,15,748
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.