Force Motors Limited disclosed that the Securities and Exchange Board of India (SEBI) has requested detailed information regarding a previous financial announcement and the company’s stock price movement in February 2024. SEBI’s email on February 4, 2026, specifically asked for information on the unaudited financial results for the quarter and half-year ending September 30, 2024, which were initially announced on October 29, 2024.
The market regulator is seeking a timeline of events related to the earnings results announcement and has requested data on insiders, the manager information system (MIS), designated persons, and a segment from the company’s structured digital database. Force Motors, based in Pune, assured that it has not found any irregularities or non-compliance concerning the matters raised by SEBI and does not anticipate any significant impact on its financial activities due to the inquiry.
Following the disclosure, the company’s shares experienced volatility, initially dropping over 6% during the session before recovering later in the day. Ultimately, Force Motors’ shares closed at Rs 21,773.5, marking a 1.43% increase of Rs 307. However, the stock has shown notable fluctuations in recent weeks, with declines of 14.38% and 9.74% over the past week and two weeks, respectively.
On a monthly basis, the stock has gained 3.32%, while year-to-date, it has risen by 4.38%. Looking at longer-term performance, the stock has delivered substantial returns, with increases of 192.96% in the last year, 238.51% over the past two years, and an impressive 1,636.81% jump in the last three years.
