Force Motors to acquire 100% of Veera Tanneries for Rs 175 Cr

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

+5.2%Reaction day

₹21250.00

prior close

₹21650.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+2.5%+2.7% vs market

Passenger Cars & Utility Vehicles peers, median of 6sector+0.9%+4.3% vs sector

On the reaction day the stock moved 2.7 pts more than Nifty Smallcap 250 and 4.3 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

+1.5

10m

+1.2

15m

+0.9

30m

+1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.2+2.5+2.7+0.9+4.3

Next day

+11.1+3.1+8.0+1.8+9.3

+17.0+3.2+13.9+2.8+14.2

+12.5+2.4+10.0+0.7+11.8

+12.0+0.8+11.2+0.0+11.9

+15.5+0.7+14.8-0.2+15.7

+18.0+2.0+16.0+1.1+16.9

15d

+9.9-1.8+11.7-5.5+15.4

-2.7-5.0+2.4-10.5+7.8

+4.2-2.3+6.4-9.7+13.8

-2.9+8.8-11.6-7.8+4.9

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 has signed an MoU to acquire 100% stake in Veera Tanneries Private Limited (VTPL) for Rs 175 Crores, subject to due diligence and definitive agreements. This is an update to the company's earlier intimation dated 4 February 2026. VTPL is a private company, so no open offer is triggered for shareholders.

Likely market impact

Cash outflow of Rs 175 Cr for full VTPL acquisition; awaits due diligence and signing of final agreements.