EGM on Oct 26 to consider removal of transferability restrictions on 1,15,748 "Second A" shares

EGM of the "Second A" Equity Shareholders on Monday, October 26, 2026 at 04:00 p.m. IST, through video conferencing.

Thu 1 Oct 2026

EGM date and time

Monday, October 26, 2026 at 04:00 p.m. IST, through video conferencing

Shares involved

1,15,748 "Second A" Equity Shares

Remote e-voting period

October 22 to October 25, 2026

Cut-off date

October 19, 2026

What has been announced

Force Motors has submitted the Notice of the 02/2026-27 Extra-Ordinary General Meeting (EGM) of the "Second A" Equity Shareholders of the Company. The meeting will be held on Monday, October 26, 2026 at 04:00 p.m. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM), with the deemed venue being the registered office. The Notice was dispatched electronically on October 1, 2026.

Business to be transacted

• To consider and approve the 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 item is proposed as a Special Resolution, to be passed with or without modification(s).

What the resolution provides, if passed

• All other incidental terms, conditions and restrictions previously associated with these "Second A" equity shares stand cancelled, extinguished and rendered invalid.
• The words "Second A" stand omitted from the name of such equity shares.
• The removal of restrictions takes effect from the date of this EGM.
• The shares then become freely transferable, subject to receipt of listing and trading approval from BSE Limited and National Stock Exchange of India Limited, and compliance with requisite regulatory requirements.
• Upon listing on BSE and NSE, these shares will rank pari passu in all respects with the existing equity shares that are currently listed and traded on the stock exchanges.

Key figures to note

• Number of "Second A" Equity Shares involved: 1,15,748.
• These equity shares are currently not listed on BSE Limited and National Stock Exchange of India Limited, the exchanges where the company's equity shares are currently listed and being traded.

Voting and participation

• Cut-off date for voting: Monday, October 19, 2026.
• Remote e-voting begins on Thursday, October 22, 2026 at 9:00 A.M. (IST) and ends on Sunday, October 25, 2026 at 5:00 P.M. (IST).
• The EGM is being held through VC/OAVM only; the facility to appoint a proxy will not be available, and proxy form, attendance slips and route map are not annexed to the Notice.
• Mr. Parag Pansare, Chartered Accountant, has been appointed as the Scrutinizer to scrutinize the e-voting and remote e-voting process.
• Members may join the VC/OAVM 15 minutes before and 15 minutes after the scheduled commencement, and those attending through VC/OAVM will be counted for the quorum.
• Voting results, along with the Scrutinizer's Report, will be placed on the company's website and on the NSDL website immediately after declaration, and will also be forwarded to the stock exchanges and made available on their websites.

How to read this

• This is a shareholders' approval step: the change to the "Second A" shares is being put to a vote of the holders of those shares and is not yet effective.
• The update states that the removal of restrictions would take effect from the date of the EGM, and that free transferability is subject to listing and trading approval from BSE and NSE.
• The number of shares involved, 1,15,748, is the quantity to keep in view when assessing the possible effect on the company's listed equity base, if and when such approvals are received.

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