FORCE MOTORS LTD has informed the Exchange regarding Notice of Postal Ballot
FORCEMOT · price
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Force Motors Ltd has issued a Postal Ballot Notice seeking shareholder approval to appoint three Independent Directors for a first term of 5 years: Mr. Gautam Hemant Bambawale (former Indian diplomat, ex-Ambassador to China) and Mr. Nitin Nandkishor Kareer (retired IAS officer, former Chief Secretary of Maharashtra), both effective 19 December 2025, and Lt. Gen. Vinod Gulabrao Khandare (Retd.), effective 29 January 2026. The resolutions also seek approval to pay each of them profit-related commission of up to 1% of net profits, in addition to sitting fees, starting from FY 2025-26. Voting is being conducted entirely through remote e-voting via NSDL, with the window open from 9:00 a.m. on 13 February 2026 to 5:00 p.m. on 14 March 2026. The cut-off date to be eligible to vote is 6 February 2026.
This is a routine governance action that strengthens the board with experienced former bureaucrats and a senior military officer. Approval is largely procedural and should not materially affect the stock price, though it reflects the company's effort to bring in diverse expertise in diplomacy, public administration, and defence affairs.