Force Motors to acquire 100% in Veera Tanneries for land bank

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

FORCEMOT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+4.4%Reaction day

₹20158.00

prior close

₹20500.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-1.0%+5.4% vs market

Passenger Cars & Utility Vehicles peers, median of 6sector-0.3%+4.7% vs sector

On the reaction day the stock moved 5.4 pts more than Nifty Smallcap 250 and 4.7 pts more than its Passenger Cars & Utility Vehicles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+3.6

10m

+5.2

15m

+4.2

30m

+2.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.4-1.0+5.4-0.3+4.7

Next day

+5.4-1.4+6.8-0.6+6.0

+10.9+1.1+9.8-0.2+11.1

+17.1+1.6+15.5+0.4+16.7

+23.4+1.8+21.6+1.3+22.1

+18.6+1.0+17.5-0.1+18.7

+21.8-0.6+22.4-1.4+23.2

15d

+26.1-0.2+26.4-1.4+27.5

+8.2-3.8+12.1-5.8+14.0

+5.1-7.5+12.6-17.0+22.0

-5.6+5.2-10.9-9.6+4.0

UpDownMarket · Nifty Smallcap 250Sector · Passenger Cars & Utility Vehicles peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Force Motors board on 4 Feb 2026 approved in-principle acquiring 100% of Veera Tanneries Pvt Ltd (VTPL), a tannery firm making Chrome Free Organic Leather. The move aims to acquire VTPL's land bank for Force Motors' business expansion. Deal will be in cash; price to be decided after due diligence. Expected to close by 31 March 2026. Not a related party transaction. VTPL's FY25 turnover was about Rs.36 lakh.

Likely market impact

Small land bank acquisition for expansion, outside Force Motors' core auto business. Modest size, limited near-term impact.