{"id":9521,"date":"2026-10-28T23:11:42","date_gmt":"2026-10-28T17:41:42","guid":{"rendered":"https:\/\/www.wittytrades.com\/market-news\/forcemot-share-price-today-2026-10-28\/"},"modified":"2026-10-28T23:11:44","modified_gmt":"2026-10-28T17:41:44","slug":"forcemot-share-price-today-2026-10-28","status":"publish","type":"post","link":"https:\/\/www.wittytrades.com\/market-news\/forcemot-share-price-today-2026-10-28\/","title":{"rendered":"Force Motors Share Price Today: Why FORCEMOT Is Falling 1.62% | 28 October 2026"},"content":{"rendered":"<style id=\"wt-article-style-v4\">:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) { color:#30475c; font-size:16px; line-height:1.65; min-width:0; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *::before, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *::after { box-sizing:border-box; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-copy { font-size:16px !important; 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gap:10px; }\n}\n@media (max-width:650px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid { grid-template-columns:1fr; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-metrics { grid-template-columns:repeat(2,minmax(0,1fr)); }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-card { padding:14px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row { grid-template-columns:repeat(2,minmax(0,1fr)); gap:10px 14px; padding:12px 0; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-person, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row > div:last-child { grid-column:1 \/ -1; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta { padding:17px 15px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-title { font-size:18px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div { padding:9px !important; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-funds .wt-card-title, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-funds .wt-card-body { font-size:15px; }\n}\n@media (max-width:420px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip { grid-template-columns:repeat(2,minmax(0,1fr)); }\n}<\/p>\n<p>:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div {border:1px solid #dde6ee;border-radius:8px;background:#f9fbfd;}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div > div:last-child {font-weight:800;color:#17324d;}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) h2 {font-size:24px !important;line-height:1.35 !important;margin:28px 0 14px !important;color:#173b58;}\n<\/style>\n<div class=\"wt-article-v4\" data-witty-phase=\"live\" data-article-version=\"4\">\n<p class=\"wt-market-date\"><strong>NSE: FORCEMOT<\/strong> \u00b7 28 October 2026<\/p>\n<div class=\"wt-price-strip\">\n<div>\n<div>Price<\/div>\n<div>\u20b917,094.00<\/div>\n<\/div>\n<div>\n<div>Change<\/div>\n<div>-1.62%<\/div>\n<\/div>\n<div>\n<div>High \/ Low<\/div>\n<div>\u20b917,494.00 \/ \u20b916,825.00<\/div>\n<\/div>\n<div>\n<div>Prev. Close<\/div>\n<div>\u20b917,375.00<\/div>\n<\/div>\n<div>\n<div>Volume<\/div>\n<div>79,318<\/div>\n<\/div>\n<div>\n<div>Price as of<\/div>\n<div>28 October 2026 \u00b7 03:30 PM IST<\/div>\n<\/div>\n<\/div>\n<section class=\"wt-fno-intelligence\" style=\"border:1px solid #d8e1ea;border-radius:14px;padding:15px;margin:20px 0;background:#fff;\">\n<div style=\"font-size:11px;text-transform:uppercase;letter-spacing:.65px;color:#617184;font-weight:900;\">WittyTrades F&amp;O Stock Intelligence<\/div>\n<h2 style=\"margin:3px 0 5px;\">FORCE MOTORS LIMITED F&amp;O Intelligence<\/h2>\n<p style=\"margin:0 0 12px;font-size:13px;color:#536273;\">Data-mining view of cash participation, delivery, futures activity, open interest and recent positioning.<\/p>\n<div style=\"font-size:11px;text-transform:uppercase;letter-spacing:.6px;color:#697386;font-weight:800;margin:4px 0 7px\">Latest completed-session snapshot<\/div>\n<div style=\"display:grid;grid-template-columns:repeat(auto-fit,minmax(145px,1fr));gap:8px;margin:0 0 15px\">\n<div style=\"border:1px solid #e4e8ef;border-left:4px solid #b23434;border-radius:11px;padding:10px;background:#fff7f7;min-width:0\"><span style=\"display:block;font-size:10.5px;color:#687386;font-weight:700\">Cash close<\/span><b style=\"display:block;font-size:17px;line-height:1.25;color:#172033;margin-top:2px\">Rs 17,094.00<\/b><span style=\"display:block;font-size:11px;color:#b23434;font-weight:800;margin-top:2px\">-1.62%<\/span><\/div>\n<div style=\"border:1px solid #e4e8ef;border-left:4px solid #6b7280;border-radius:11px;padding:10px;background:#fff;min-width:0\"><span style=\"display:block;font-size:10.5px;color:#687386;font-weight:700\">Cash open<\/span><b style=\"display:block;font-size:17px;line-height:1.25;color:#172033;margin-top:2px\">Rs 17,350.00<\/b><\/div>\n<div style=\"border:1px solid #e4e8ef;border-left:4px solid #6b7280;border-radius:11px;padding:10px;background:#fff;min-width:0\"><span style=\"display:block;font-size:10.5px;color:#687386;font-weight:700\">Cash high \/ low<\/span><b style=\"display:block;font-size:17px;line-height:1.25;color:#172033;margin-top:2px\">Rs 17,494.00 \/ Rs 16,825.00<\/b><\/div>\n<div style=\"border:1px solid #e4e8ef;border-left:4px solid #b23434;border-radius:11px;padding:10px;background:#fff7f7;min-width:0\"><span style=\"display:block;font-size:10.5px;color:#687386;font-weight:700\">Near future<\/span><b style=\"display:block;font-size:17px;line-height:1.25;color:#172033;margin-top:2px\">Rs 17,079.00<\/b><span style=\"display:block;font-size:11px;color:#b23434;font-weight:800;margin-top:2px\">-1.58%<\/span><\/div>\n<div style=\"border:1px solid #e4e8ef;border-left:4px solid #8a6414;border-radius:11px;padding:10px;background:#fffaf0;min-width:0\"><span style=\"display:block;font-size:10.5px;color:#687386;font-weight:700\">All-expiry futures OI<\/span><b style=\"display:block;font-size:17px;line-height:1.25;color:#172033;margin-top:2px\">3.34 L shares<\/b><span style=\"display:block;font-size:11px;color:#8a6414;font-weight:800;margin-top:2px\">-0.57%<\/span><\/div>\n<div style=\"border:1px solid #e4e8ef;border-left:4px solid #1f5f8f;border-radius:11px;padding:10px;background:#f5faff;min-width:0\"><span style=\"display:block;font-size:10.5px;color:#687386;font-weight:700\">F&amp;O\/Cash participation ratio<\/span><b style=\"display:block;font-size:17px;line-height:1.25;color:#172033;margin-top:2px\">1.49x<\/b><span style=\"display:block;font-size:11px;color:#1f5f8f;font-weight:800;margin-top:2px\">WittyTrades Proprietary<\/span><\/div>\n<\/div>\n<div style=\"border:1px solid #e4c44a;background:linear-gradient(135deg,#fff8d8,#fff3ad);border-radius:13px;padding:13px;margin:12px 0 16px;\">\n<div style=\"font-size:11px;font-weight:900;letter-spacing:.55px;text-transform:uppercase;color:#725a00;margin-bottom:8px;\">WittyTrades Proprietary Metrics<\/div>\n<div style=\"display:grid;grid-template-columns:repeat(auto-fit,minmax(210px,1fr));gap:9px;\">\n<div style=\"background:#fff;border:1px solid #ead989;border-radius:10px;padding:10px;\"><span style=\"display:block;font-size:11px;color:#6c6250;font-weight:700;\">Shares Traded per Trade<\/span><b style=\"display:block;font-size:22px;color:#172033;margin-top:2px;\">2.8<\/b><small style=\"display:block;font-size:11px;color:#6f6654;line-height:1.45;margin-top:4px;\">3-session average: 3.3. Formula: cash shares traded \u00f7 number of trades.<\/small><\/div>\n<div style=\"background:#fff;border:1px solid #b9d8f4;border-radius:10px;padding:10px;\"><span style=\"display:block;font-size:11px;color:#496a88;font-weight:700;\">F&amp;O\/Cash Participation Ratio<\/span><b style=\"display:block;font-size:22px;color:#1f5f8f;margin-top:2px;\">1.49x<\/b><small style=\"display:block;font-size:11px;color:#58758f;line-height:1.45;margin-top:4px;\">Formula: futures-equivalent shares \u00f7 cash shares. 3-session trend: 5.00x \u2192 1.69x \u2192 1.49x.<\/small><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div style=\"font-size:11px;text-transform:uppercase;letter-spacing:.6px;color:#697386;font-weight:800;\">NSE cash-market participation<\/div>\n<h3 style=\"font-size:18px;margin:3px 0 9px;color:#17324d;\">Last 3 Sessions: Cash Activity &amp; Delivery<\/h3>\n<div style=\"overflow-x:auto;-webkit-overflow-scrolling:touch;border:1px solid #e5eaf0;border-radius:11px;\">\n<table style=\"border-collapse:collapse;width:100%;min-width:820px;margin:0;\">\n<thead>\n<tr>\n<th style=\"background:#f6f8fb;white-space:nowrap;padding:8px 9px;text-align:left;border-bottom:1px solid #e4e8ef;font-size:11px;color:#5d6878;text-transform:uppercase;\">Date<\/th>\n<th style=\"background:#f6f8fb;white-space:nowrap;padding:8px 9px;text-align:left;border-bottom:1px solid #e4e8ef;font-size:11px;color:#5d6878;text-transform:uppercase;\">Cash Volume<\/th>\n<th style=\"background:#f6f8fb;white-space:nowrap;padding:8px 9px;text-align:left;border-bottom:1px solid #e4e8ef;font-size:11px;color:#5d6878;text-transform:uppercase;\">Number of Trades<\/th>\n<th style=\"background:#fff2bf;white-space:nowrap;padding:8px 9px;text-align:left;border-bottom:1px solid #e4e8ef;font-size:11px;color:#5d6878;text-transform:uppercase;\">Shares Traded per Trade<\/th>\n<th style=\"background:#f6f8fb;white-space:nowrap;padding:8px 9px;text-align:left;border-bottom:1px solid #e4e8ef;font-size:11px;color:#5d6878;text-transform:uppercase;\">Delivery %<\/th>\n<th style=\"background:#f6f8fb;white-space:nowrap;padding:8px 9px;text-align:left;border-bottom:1px solid #e4e8ef;font-size:11px;color:#5d6878;text-transform:uppercase;\">Close \/ Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong>26 Oct<\/strong><\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\">54,990 shares<\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\">17,796<\/td>\n<td style=\"background:#fff8db;white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong>3.1<\/strong><br \/><span style=\"font-size:9.5px;font-weight:900;color:#725a00;\">WittyTrades Proprietary<\/span><\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\">30.19%<\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong>Rs 16,588.00<\/strong> <span style=\"color:#176c3b;font-weight:800\">(+1.15%)<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong>27 Oct<\/strong><\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\">1.07 L shares<\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\">27,572<\/td>\n<td style=\"background:#fff8db;white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong>3.9<\/strong><br \/><span style=\"font-size:9.5px;font-weight:900;color:#725a00;\">WittyTrades Proprietary<\/span><\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\">31.79%<\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong>Rs 17,375.00<\/strong> <span style=\"color:#176c3b;font-weight:800\">(+4.74%)<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong>28 Oct<\/strong><\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\">79,318 shares<\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\">27,858<\/td>\n<td style=\"background:#fff8db;white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong>2.8<\/strong><br \/><span style=\"font-size:9.5px;font-weight:900;color:#725a00;\">WittyTrades Proprietary<\/span><\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\">25.84%<\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong>Rs 17,094.00<\/strong> <span style=\"color:#b23434;font-weight:800\">(-1.62%)<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div style=\"background:#fff8d9;border-left:4px solid #e3b600;padding:11px 12px;border-radius:8px;margin:11px 0;font-size:13px;\"><strong>WittyTrades Proprietary Metric: Large-Ticket Activity Proxy<\/strong><br \/>Average number of shares traded per trade was <strong>2.8<\/strong> in the latest session versus a <strong>3.3<\/strong> 3-session average. The latest average trade size was close to its 3-session baseline rather than showing a clear larger-ticket surge. Latest delivery was 25.8% versus a 3-session average of 29.3%.<\/div>\n<div style=\"font-size:11px;text-transform:uppercase;letter-spacing:.6px;color:#697386;font-weight:800;margin-top:17px;\">Futures participation<\/div>\n<h3 style=\"font-size:18px;margin:3px 0 9px;color:#17324d;\">Last 3 Sessions: Futures vs Cash Participation<\/h3>\n<div style=\"overflow-x:auto;-webkit-overflow-scrolling:touch;border:1px solid #e5eaf0;border-radius:11px;\">\n<table style=\"border-collapse:collapse;width:100%;min-width:1040px;margin:0;\">\n<thead>\n<tr>\n<th style=\"background:#f6f8fb;white-space:nowrap;padding:8px 9px;text-align:left;border-bottom:1px solid #e4e8ef;font-size:11px;color:#5d6878;text-transform:uppercase;\">Date<\/th>\n<th style=\"background:#f6f8fb;white-space:nowrap;padding:8px 9px;text-align:left;border-bottom:1px solid #e4e8ef;font-size:11px;color:#5d6878;text-transform:uppercase;\">Near Future \/ Change<\/th>\n<th style=\"background:#f6f8fb;white-space:nowrap;padding:8px 9px;text-align:left;border-bottom:1px solid #e4e8ef;font-size:11px;color:#5d6878;text-transform:uppercase;\">Futures Volume (Shares)<\/th>\n<th style=\"background:#f6f8fb;white-space:nowrap;padding:8px 9px;text-align:left;border-bottom:1px solid #e4e8ef;font-size:11px;color:#5d6878;text-transform:uppercase;\">Cash Volume (Shares)<\/th>\n<th style=\"background:#fff2bf;white-space:nowrap;padding:8px 9px;text-align:left;border-bottom:1px solid #e4e8ef;font-size:11px;color:#5d6878;text-transform:uppercase;\">F&amp;O\/Cash Participation Ratio<\/th>\n<th style=\"background:#f6f8fb;white-space:nowrap;padding:8px 9px;text-align:left;border-bottom:1px solid #e4e8ef;font-size:11px;color:#5d6878;text-transform:uppercase;\">Aggregate Futures OI<\/th>\n<th style=\"background:#f6f8fb;white-space:nowrap;padding:8px 9px;text-align:left;border-bottom:1px solid #e4e8ef;font-size:11px;color:#5d6878;text-transform:uppercase;\">Positioning Read<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong>26 Oct<\/strong><\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong>Rs 16,655.00<\/strong> <span style=\"color:#176c3b;font-weight:800\">(+1.71%)<\/span><\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\">2.75 L shares<\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\">54,990 shares<\/td>\n<td style=\"background:#fff8db;white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong style=\"color:#1f5f8f\">5.00x<\/strong><br \/><span style=\"font-size:9.5px;font-weight:900;color:#1f5f8f;\">WittyTrades Proprietary<\/span><\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\">3.76 L shares <span style=\"color:#b23434;font-weight:800\">(\u2014)<\/span><\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong>Positioning unavailable<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong>27 Oct<\/strong><\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong>Rs 17,265.00<\/strong> <span style=\"color:#176c3b;font-weight:800\">(+3.66%)<\/span><\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\">1.81 L shares<\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\">1.07 L shares<\/td>\n<td style=\"background:#fff8db;white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong style=\"color:#1f5f8f\">1.69x<\/strong><br \/><span style=\"font-size:9.5px;font-weight:900;color:#1f5f8f;\">WittyTrades Proprietary<\/span><\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\">3.36 L shares <span style=\"color:#b23434;font-weight:800\">(-10.58%)<\/span><\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong>Short covering<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong>28 Oct<\/strong><\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong>Rs 17,079.00<\/strong> <span style=\"color:#b23434;font-weight:800\">(-1.58%)<\/span><\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\">1.18 L shares<\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\">79,318 shares<\/td>\n<td style=\"background:#fff8db;white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong style=\"color:#1f5f8f\">1.49x<\/strong><br \/><span style=\"font-size:9.5px;font-weight:900;color:#1f5f8f;\">WittyTrades Proprietary<\/span><\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\">3.34 L shares <span style=\"color:#b23434;font-weight:800\">(-0.57%)<\/span><\/td>\n<td style=\"white-space:nowrap;padding:8px 9px;border-bottom:1px solid #edf0f4;font-size:13px;vertical-align:top;\"><strong>Long unwinding<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div style=\"background:#eef6ff;border-left:4px solid #2e7db2;padding:11px 12px;border-radius:8px;margin:11px 0;font-size:13px;\"><strong>Participation read:<\/strong> Futures-equivalent volume was 1.49 times cash-market share volume in the latest completed session. The latest price\/OI classification is <strong>Long unwinding<\/strong>. Classification uses aggregate all-expiry OI to reduce front-month rollover distortion.<\/div>\n<div style=\"margin-top:17px;background:#f7fbff;border-left:4px solid #2e7db2;border-radius:9px;padding:12px 13px;\">\n        <strong>What to monitor next<\/strong><\/p>\n<ul style=\"margin:7px 0 0;padding-left:19px;font-size:13px;line-height:1.55;\">\n<li>Whether aggregate futures OI expands or contracts alongside the next price move.<\/li>\n<li>Whether the WittyTrades F&amp;O\/Cash Participation Ratio remains elevated or normalises.<\/li>\n<li>Whether Shares Traded per Trade moves materially above or below its recent baseline.<\/li>\n<li>Whether delivery participation holds above or below the recent 3-session average of 29.3%.<\/li>\n<\/ul><\/div>\n<p style=\"margin:10px 0 0;font-size:11px;color:#687386;\">Higher Shares Traded per Trade can flag larger-ticket participation, but exchange trade-count data does not identify the buyer or seller category. The F&amp;O\/Cash Participation Ratio measures participation intensity and does not by itself distinguish directional trading, hedging or arbitrage.<\/p>\n<\/section>\n<div class=\"wt-takeaways\">\n<div class=\"wt-card\" data-card=\"research\" style=\"background:#f4f8fd;border:1px solid #cbd8ea;border-left:4px solid #466fa5;border-radius:10px\">\n<div class=\"wt-card-title\">Key Takeaways<\/div>\n<div class=\"wt-card-body\">\n<ul class=\"wt-list\">\n<li>Force Motors Limited (FORCEMOT) shares traded lower on October 28, 2026, declining by 1.62% to close at \u20b917,094.00 compared to its previous close of \u20b917,375.00. The stock moved within an intraday range of \u20b916,825.00 on the low side and \u20b917,494.00 on the high side.<\/li>\n<li>Force Motors Ltd submitted its un-audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, following a board meeting held on October 28, 2026. The company reported revenue from operations of \u20b92,924.54 crores for the standalone second quarter, alongside net profit figures of \u20b9291.44 crores. Statutory auditors Kirtane &amp; Pandit LLP issued their limited review reports on the financial statements.<\/li>\n<li>Trading volume was 1.26 times the 20-day average daily volume.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<h2>Why is Force Motors share price falling on 28 October 2026?<\/h2>\n<div class=\"wt-prose\">\n<p class=\"wt-copy\">Force Motors Limited (FORCEMOT) shares traded lower on October 28, 2026, declining by 1.62% to close at \u20b917,094.00 compared to its previous close of \u20b917,375.00. The stock moved within an intraday range of \u20b916,825.00 on the low side and \u20b917,494.00 on the high side.<\/p>\n<p class=\"wt-copy\">While the broader Nifty index edged down by 0.22%, the Nifty Auto sector benchmark advanced by 1.45%, showing a distinct divergence where the sector outperformed the broader market even as Force Motors faced selling pressure. The stock&#x27;s recent performance reflects a short-term consolidation phase, registering a 1.24% return over the past 5 trading days but a marginal -0.04% return over the past 20 trading days, following stronger gains in prior sessions.<\/p>\n<p class=\"wt-copy\">The price movement coincides with the company&#x27;s recent reporting period following its Board Meeting on October 28, 2026, where it submitted its standalone and consolidated financial results for the quarter and half year ended September 30, 2026, alongside scrutiny reports from extraordinary general meetings held on October 26, 2026. While these operational updates provide fundamental background for investors monitoring the company&#x27;s performance, no single catalyst was directly linked as the proven sole driver of today&#x27;s down-move.<\/p>\n<p class=\"wt-copy\">79,318 shares traded by 28 October 2026 \u00b7 03:30 PM IST. This compares with a 20-day average daily volume of 63,154 shares (1.26 times). The five-day average daily volume was 69,939 shares. Separately, the NSE report for 28 October 2026 showed 20,494 shares delivered, representing 25.84% of that day\u2019s traded volume. The same report recorded 27,858 trades.<\/p>\n<\/div>\n<div class=\"wt-likely-reason\">\n<div class=\"wt-card\" data-card=\"research\" style=\"background:#f4f8fd;border:1px solid #cbd8ea;border-left:4px solid #466fa5;border-radius:10px\">\n<div class=\"wt-card-title\">Likely Reason<\/div>\n<div class=\"wt-card-body\"><strong>profit-taking and stock-specific consolidation following recent gains<\/strong><\/p>\n<p class=\"wt-copy\">The stock retreated 1.62% despite higher-than-average volume, following multi-session gains earlier in the week. The move appears consistent with standard profit-taking and technical consolidation around the release of quarterly financial results and EGM voting outcomes, with no external catalyst directly dictating the downward price action.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<aside class=\"wt-cta wt-cta-yellow\">\n<div class=\"wt-cta-title\"><span style=\"display:block;font-size:11px;font-weight:900;letter-spacing:.5px;text-transform:uppercase;margin-bottom:3px;\">WittyTrades.com<\/span>Beyond Charts \u2014 Research Backed by Data.<\/div>\n<p class=\"wt-cta-copy\">Explore WittyTrades research across market segments.<\/p>\n<p><a class=\"wt-cta-button\" href=\"https:\/\/www.wittytrades.com\/Segments.html\">Explore WittyTrades Research \u2192<\/a><\/aside>\n<h2>Latest Company Developments<\/h2>\n<div class=\"wt-grid wt-grid-news\">\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Financial Results for Period Ended September 30, 2026<\/div>\n<div class=\"wt-card-date\">28 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Force Motors Ltd submitted its un-audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, following a board meeting held on October 28, 2026. The company reported revenue from operations of \u20b92,924.54 crores for the standalone second quarter, alongside net profit figures of \u20b9291.44 crores. Statutory auditors Kirtane &amp; Pandit LLP issued their limited review reports on the financial statements.<\/p>\n<p class=\"wt-copy\">Quarterly financial results provide baseline figures for evaluating the company&#x27;s operating performance, revenue growth, and profitability trends.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/FORCEMOTORS_28102026165743_Outcome.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Outcome of Board Meeting<\/div>\n<div class=\"wt-card-date\">28 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">FORCE MOTORS LTD has submitted to the Exchange, the financial results for the period ended September 30, 2026.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/FORCEMOTORS_28102026165743_Outcome.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Earnings \/ operating update<\/div>\n<div class=\"wt-card-date\">28 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">FORCE MOTORS LTD has submitted to the Exchange, the financial results for the period ended September 30, 2026.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/FORCEMOTORS_28102026165743_Outcome.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Company update<\/div>\n<div class=\"wt-card-date\">27 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Proceedings of 01\/2026-27 Extraordinary General Meeting of &quot;A&quot; Equity Shareholders held on October 26, 2026.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/FORCEMOTORS_26102026190540_Proceedings_of_01-2026-27-EGMrs.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<\/div>\n<h2>Ownership &amp; Transaction Activity<\/h2>\n<div class=\"wt-grid wt-grid-ownership\">\n<div class=\"wt-card\" data-card=\"ownership\" style=\"background:#fff8e8;border:1px solid #ecd39e;border-left:4px solid #cc922c;border-radius:10px\">\n<div class=\"wt-card-title\">Shareholding<\/div>\n<div class=\"wt-card-date\">As of 30 September 2026<\/div>\n<div class=\"wt-card-body\">\n<div class=\"wt-grid wt-grid-metrics\">\n<div class=\"wt-metric\">\n<div class=\"wt-label\">Promoter holding<\/div>\n<div class=\"wt-value\">61.63%<\/div>\n<div class=\"wt-note\">61.63% on 30 June 2026<\/div>\n<\/div>\n<div class=\"wt-metric\">\n<div class=\"wt-label\">FII\/FPI<\/div>\n<div class=\"wt-value\">7.09%<\/div>\n<div class=\"wt-note\">9.52% on 30 June 2026<\/div>\n<\/div>\n<div class=\"wt-metric\">\n<div class=\"wt-label\">Institutional holding<\/div>\n<div class=\"wt-value\">9.58%<\/div>\n<div class=\"wt-note\">10.98% on 30 June 2026<\/div>\n<\/div>\n<\/div>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1739049_15102026050742_WEB.xml\" rel=\"noopener\">NSE shareholding filing \u2192<\/a><\/div>\n<\/div>\n<\/div>\n<h2>Mutual Fund Holdings<\/h2>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">Mutual-fund ownership<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Mutual funds held 1.72% on 30 September 2026. This compares with 0.79% on 30 June 2026, a change of +0.93 percentage points.<\/p>\n<p class=\"wt-copy\">The filing reported 25 MF\/UTI holders.<\/p>\n<div class=\"wt-grid wt-grid-funds\">\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">Sundaram Mutual Fund &#8211; Sundaram Aggressive Hybrid Fund<\/div>\n<div class=\"wt-card-date\">30 September 2026<\/div>\n<div class=\"wt-card-body\">1.42 lakh shares \u00b7 1.08%<\/div>\n<\/div>\n<\/div>\n<div class=\"wt-note wt-source-note\">These are quarterly holdings, rather than purchases or sales on the article date.<\/div>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1739049_15102026050742_WEB.xml\" rel=\"noopener\">NSE shareholding filing \u2192<\/a><\/div>\n<\/div>\n<h2>What to Watch Next<\/h2>\n<ul class=\"wt-list\">\n<li>Execution of commercial vehicle and tractor production volumes in upcoming monthly business updates<\/li>\n<li>Integration and consolidated financial contribution of newly acquired subsidiary Veera Tanneries Private Limited<\/li>\n<li>Management commentary and institutional participation trends following the Q2 FY27 earnings release<\/li>\n<li>Delivery volume and cash market participation relative to the 20-day average volume of 79,318 shares<\/li>\n<\/ul>\n<h2>Other Dated Coverage<\/h2>\n<ul class=\"wt-list\">\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/forcemot-share-price-today-2026-10-27\/\">Force Motors Share Price Today: Why FORCEMOT Is Rising 4.74% | 27 October 2026 \u2014 27 October 2026<\/a><\/li>\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/forcemot-share-price-today-2026-10-23\/\">Force Motors Share Price Today: Why FORCEMOT Is Falling 2.19% | 23 October 2026 \u2014 23 October 2026<\/a><\/li>\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/forcemot-share-price-today-2026-10-21\/\">Force Motors Share Price Today: Why FORCEMOT Is Falling 1.97% | 21 October 2026 \u2014 21 October 2026<\/a><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.wittytrades.com\/market-news\/tag\/forcemot\/\">More Force Motors news and dated analysis \u2192<\/a><\/p>\n<aside class=\"wt-cta wt-cta-dark\">\n<div class=\"wt-cta-title\">Looking for Research-Backed Market Opportunities?<\/div>\n<p class=\"wt-cta-copy\">Explore WittyTrades research across market segments.<\/p>\n<p><a class=\"wt-cta-button\" href=\"https:\/\/www.wittytrades.com\/Segments.html\">Explore WittyTrades Research \u2192<\/a><\/aside>\n<h2>Frequently Asked Questions<\/h2>\n<div class=\"wt-faq\">\n<h3>What is the latest Force Motors company news?<\/h3>\n<p class=\"wt-copy\">Force Motors Ltd submitted its un-audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, following a board meeting held on October 28, 2026. The company reported revenue from operations of \u20b92,924.54 crores for the standalone second quarter, alongside net profit figures of \u20b9291.44 crores. Statutory auditors Kirtane &amp; Pandit LLP issued their limited review reports on the financial statements.<\/p>\n<h3>How strong was Force Motors\u2019s trading volume?<\/h3>\n<p class=\"wt-copy\">79,318 shares traded, 1.26 times the 20-day average daily volume. The price and volume data are dated 28 October 2026 \u00b7 03:30 PM IST.<\/p>\n<h3>Do the mutual-fund figures show buying today?<\/h3>\n<p class=\"wt-copy\">They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.<\/p>\n<\/div>\n<p><strong>Research &amp; analysis:<\/strong> <a href=\"https:\/\/www.wittytrades.com\/About_Us.html\">WittyTrades Research Desk<\/a><br \/><strong>Reviewed by:<\/strong> <a href=\"https:\/\/www.wittytrades.com\/About_Us.html\">Mohanish Sanghavi \u2014 SEBI Registered Research Analyst<\/a><br \/><strong>SEBI Registration No.:<\/strong> INH000008172 \u00b7 <strong>BSE Enlistment No.:<\/strong> 5430<\/p>\n<p>Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.<\/p>\n<\/div>\n<p><script type=\"application\/ld+json\">{\"@context\": \"https:\/\/schema.org\", \"@graph\": [{\"@type\": \"WebSite\", \"@id\": \"https:\/\/www.wittytrades.com\/#website\", \"url\": \"https:\/\/www.wittytrades.com\/\", \"name\": \"WittyTrades\", \"publisher\": {\"@id\": \"https:\/\/www.wittytrades.com\/#organization\"}, \"inLanguage\": \"en-IN\"}, {\"@type\": \"Organization\", \"@id\": \"https:\/\/www.wittytrades.com\/#organization\", \"name\": \"WittyTrades\", \"alternateName\": \"Witty Networks\", \"url\": \"https:\/\/www.wittytrades.com\/\", \"telephone\": \"+91-22-48972020\", \"identifier\": [{\"@type\": \"PropertyValue\", \"propertyID\": \"SEBI Research Analyst Registration\", \"value\": \"INH000008172\"}, {\"@type\": \"PropertyValue\", \"propertyID\": \"BSE Research Analyst Code\", \"value\": \"5430\"}]}, {\"@type\": \"Organization\", \"@id\": \"https:\/\/www.wittytrades.com\/#research-desk\", \"name\": \"WittyTrades Research Desk\", \"url\": \"https:\/\/www.wittytrades.com\/About_Us.html\", \"parentOrganization\": {\"@id\": \"https:\/\/www.wittytrades.com\/#organization\"}}, {\"@type\": \"Person\", \"@id\": \"https:\/\/www.wittytrades.com\/About_Us.html#mohanish-sanghavi\", \"name\": \"Mohanish Sanghavi\", \"jobTitle\": \"SEBI Registered Research Analyst\", \"url\": \"https:\/\/www.wittytrades.com\/About_Us.html\", \"worksFor\": {\"@id\": \"https:\/\/www.wittytrades.com\/#organization\"}, \"identifier\": {\"@type\": \"PropertyValue\", \"propertyID\": \"SEBI Research Analyst Registration\", \"value\": \"INH000008172\"}}, {\"@type\": \"NewsArticle\", \"@id\": \"https:\/\/www.wittytrades.com\/market-news\/forcemot-share-price-today-2026-10-28\/#article\", \"mainEntityOfPage\": {\"@type\": \"WebPage\", \"@id\": \"https:\/\/www.wittytrades.com\/market-news\/forcemot-share-price-today-2026-10-28\/\"}, \"headline\": \"Force Motors Share Price Today: Why FORCEMOT Is Falling 1.62% | 28 October 2026\", \"description\": \"Force Motors share price fell 1.62% to \u20b917,094.00 today. See why FORCEMOT is falling, volume context, company developments and what to watch next.\", \"datePublished\": \"2026-10-28T23:11:33.269563+05:30\", \"dateModified\": \"2026-10-28T23:11:33.269563+05:30\", \"author\": {\"@id\": \"https:\/\/www.wittytrades.com\/#research-desk\"}, \"reviewedBy\": {\"@id\": \"https:\/\/www.wittytrades.com\/About_Us.html#mohanish-sanghavi\"}, \"publisher\": {\"@id\": \"https:\/\/www.wittytrades.com\/#organization\"}, \"isPartOf\": {\"@id\": \"https:\/\/www.wittytrades.com\/#website\"}, \"about\": {\"@type\": \"Thing\", \"name\": \"Force Motors\", \"identifier\": {\"@type\": \"PropertyValue\", \"propertyID\": \"NSE Symbol\", \"value\": \"FORCEMOT\"}}, \"inLanguage\": \"en-IN\", \"isAccessibleForFree\": true, \"image\": [\"https:\/\/www.wittytrades.com\/market-news\/wp-content\/uploads\/2026\/10\/forcemot-company-news-2026-10-28.jpg\"]}]}<\/script><!-- wt-article-record:{\"news_events\":[{\"title\":\"Shareholders meeting\",\"summary\":\"FORCE MOTORS LTD has submitted the Exchange a copy Srutinizers report of  01\/2026-27 Extraordinary General Meeting held on October 26, 2026. Further, the company has informed the Exchange regarding voting results.\",\"source\":\"NSE\",\"published\":\"28-Oct-2026 21:11:10\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/FORCEMOTORS_28102026210830_AEQ_Voting_Results_SCRUTINISER_REPORT.pdf\",\"disclosure_text\":\"\u00ae FORCE FML: SEC: F-42 (18) 28th October, 2026 To, To, BSE Limited, National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers , Exchange Plaza , 5th Floor , Plot No.C-1 , G Dalal Street , Mumbai - 400 001 . Block Bandra-Kurla Complex , Sandra (East) , Mumbai 400 051 . Scrip Code : 500033 NSE Symbol: FORCEMOT Sub.: Submission of Voting Results pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 w.r.t. 01\/2026-27 Extra-Ordinary General Meeting (the 'EGM') of \\\"A\\\" Equity Shareholders of Force Motors Limited held on Monday , 26th October , 2026. Dear Sir I Madam, We wish to inform you that 01\/2026-27 Extra-Ordinary General Meeting (the 'EGM') of the \\\"A\\\" Equity Shareholders of the Company was held on Monday, 26th October, 2026 , at 3:00 p.m. through Video Conferencing ('VC') at the Registered office of the Company (Deemed venue) situated at Mumbai - Pune Road, Akurdi, Pune - 411 035 . Pursuant to section 108 of the Companies Act, 2013, read with the requisite Rules made thereunder and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations , 2015 , the Company had provided facility for remote e-voting and e-voting at the EGM to the \\\"A\\\" Equity shareholders as on the cut-off date i.e. Monday, 19th October, 2026 , to cast their votes on the item of business stated in the EGM notice. The results of e-voting w.r.t. the EGM held on Monday, 261h October, 2026, along with the consolidated report of the Scrutinizer on votes cast by remote e-voting and by e-voting at the EGM is attached herewith. Considering the votes cast in favor I against on the resolution as stated in the EGM Notice, the resolution has been passed with requisite majority. Kindly take the same on records. Thanking you, Yours faithfully, For Force Motors Limited Rohan Sampat Company Secretary & Compliance Officer M. No.: F14037 Enc l.: Ala. FORCE MOTORS LIMITED GIN : L34102PN1958PLC011172 Regd. Offi ce : Mumbai-Pune Road, Akurdi, PUNE - 411 035, INDIA. Tel. : (+91) 20 27476381 Visit us at : www.forcemotors.com \/ Scrutinizer's Report !Pursuant to section 108 and 109 of the Companies Act, 2013, and Rule 20 and Rule 21 of the Companies, (Management and Administration) Rules, 2014 as amended] The Chairman, Force Motors Limited, Mumbai - Pune Road, Akurdi, Pune - 411 035. Dear Sir, 1. I, Parag Pansare, a Chartered Accountant, having membership number 117309, had been appointed by the Board of Directors of Force Motors Limited ('the Company') as a scrutinizer for the purpose of scrutinizing the remote e-voting process along with e-voting process during the Extra Ordinary General Meeting ('EGM') of \\\"A\\\" Equity Shareholders of Force Motors Limited and ascertaining the requisite majority on voting carried out as per the provisions of Section 108 of the Companies Act, 2013, read with Rule 20 (4) (ix) of the Companies (Management and Administration) Rules, 2014, on the Resolution contained in the Notice of the EGM of the \\\"A\\\" Equity Shareholders of the Company, held on Monday, 261h October, 202.6 at 3:00 p.m . (!ST) through Video Conferencing ('VC'}\/Other Audio Visual Means {'OAVM') at the Registered office of the Company (deemed venue) situated at Mumbai-Pune Road, eurdi, Pune - 411 035. 2. The intimation dated, Thursday, 1 sr October, 2026, convening the EGM of \\\"A\\\" Equity Shareholders of the Company along with statement setting out material facts under Section 102 of the Companies Act, 2013 was sent to the \\\"A\\\" Equity Shareholders on Thursday, 1'1 October, 2026, in respect of the resolution to be considered at the said EGM of the Company. 3. The Management of the Company is responsible to ensure the compliance with the requirements of the Companies Act, 2013 and the Rules relating to voting through electronic means on the resolution contained in the Notice of the EGM. My responsibility as a scrutinizer for the remote e-voting process and e-voting during the EGM is restricted to furnishing a scrutinizer's report of the votes, cast \\\"in favour\\\" or \\\"against\\\" the resolution and \\\"invalid\\\" and \\\"abstained\\\" votes, based on the reports generated from the system of e-voting service provider i.e. National Securities Depository Limited (the 'NSDL'}, the authorized agency engaged by the Company, to provide facilities for remote e-voting and thee-voting during the EGM. 4. Further to the above, I submit my report as under: i. The remote e-voting period remained open from Thursday, 22\\\"0 October, 2026 (09:00 a.m. IST) to Sunday, 25111 October, 2026 (05:00 p.m. IST). ii. The \\\"A\\\" Equity Shareholders who were on record of the Company as on the \\\"cut-off' date i.e. Monday, 19'h October, 2026, (end of day) were entitled to vote on the resolution as set out in the Notice of the EGM. iii. The facility fore-voting was also provided during the EGM on Monday, 26'\\\" October, 2026, for those \\\"A\\\" Equity Shareholders who had not voted through remote e-voting and attended the mt:eting. Further as per the provisions of the Companies Ac , 2013, immediately after the conclusion of voting at the EGM, I have first counted the votes cast at the EGM and thereafter unblocked the votes cast through remote e-voting in the presence of two witnesses not 1n the employment of the Company. iv. Thereafter, considering the votes cast by remote e-voting and e-voting during the EGM, the combined result of the voting as annexed was prepared. The reports containing inter alio the votes cast \\\"FOR\\\", \\\"AGAINST\\\", on the resolution that was put to vote and votes that were invalid, were generated from the portal of NSDL and the result is based on such generated reports. v. The details containing, inter alia, list of \\\"A\\\" Equity Shareholders, who voted \\\"For\\\" or \\\"Against\\\" on the resolution put to vote, were generated from the website of NSDL e-voting platform i.e. https:\/\/www.evoting.nsdl corn\/ and based on such generated reports, the results of combined I consolidated e-voting is detailed at Annexure- A to this letter Note: In the consolidated voting results, e voting contains votes cast through remote e-voting m well as e-voting at t11e EGM. As the EGM was conducted through VC, no poll was taAen on the resolution that was put to vote. Thanking you, Yours faithfully, CA Parag Pansare Chartered Accountant M. No.117309 Scrutinizer UDIN: 26117309MUWAKL4531 Place: Pune Place: Po\\\"fl <::\u00b7 \\u002d\\u002d- \\u002d\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d- \\u002d\\u002d \\u002d\\u002d \\u002d\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d- Page 2 of3 Annexure-A CONSOLIDATED VOTING RESULTS FOR THE 01\/2026-27 EXTRA-ORDINARY GENERAL MEETING OF \\\"A'' EQUITY SHAREHOLDERS OF FORCE MOTORS LIMITED Special Business Resolution No. 1 - Special Resolution* TO CONSIDER AND APPROVE PROPOSAL OF VARIATION IN THE RESTRICTIONS, TERMS AND CONDITIONS OF 27,600 SHARES HELD BY \\\"A\\\" EQUITY SHAREHOLDERS WITH REGARD TO REMOVAL OF RESTRICTIONS ON TRANSFERABILITY AND OTHER INCIDENTAL CONDITIONS. Categor y Mode of Voting No. of shares held No. of votes polled >\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d .. \\u002d\\u002d\\u002d\\u002d [1] [2] %of Votes Polled on outs tan ding shares [3]={[2] \/[1]}*10 0 No. of Votes -in favour [4] No. of Votes Agains t [SJ % of Votes in favour on votes polled % of Votes against on votes polled 0 \\\"100 No. of votes Inv a Ii d [8] [6]={[4]\/[2]}*10 I [7)={[5)\/(2]} !\\u002d\\u002d- - - - \\u002d\\u002d +\\u002d\\u002d\\u002d\\u002d-+- \\u002d\\u002d\\u002d\\u002d-+\\u002d\\u002d\\u002d\\u002d-1- \\u002d\\u002d\\u002d\\u002d+\\u002d\\u002d- >\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d\\u002dl\\u002d\\u002d- - \\u002d\\u002d\\u002d\\u002dil\\u002d\\u002d\\u002d\\u002d\\u002d\\u002dI Pro mot er and Pro mot er Group Public lnstituti ons P,ublic Non lnstituti ons E- Voting Poll Postal Ballot Total E\u00ad Voting Poll Postal Ballot Total E\u00ad Votin~ \u00ad Poll Postal Ballot Total 1\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d1\\u002d\\u002d - Total 0 0.0000 0 0 0 0.0000 0 0 0 0.0000 0 0 0 0.0000 0 0 0 0.0000 0 0 1\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d-+\\u002d\\u002d- o 0.0000 0 0 0 0 QOOOO 0 0 ~\\u002d\\u002d\\u002d\\u002d-l\\u002d\\u002d\\u002d\\u002d-1\\u002d\\u002d 0. 0000 o o I 0.0000 0.0000 0 - - - \\u002d\\u002d\\u002d\\u002d+ \\u002d\\u002d\\u002d\\u002d-+\\u002d\\u002d\\u002d\\u002d\\u002d\\u002dl 0.0000 0.0000 0 0.0000 0.0000 0 0.0000 0.0000 0 0.0000 0.0000 0 0.0000 0.0000 0 0.0000 0.0000 0 0.0000 0.0000 o l 21370 77.4275 21370 0 100.0000 0.0000 0 1\\u002d\\u002d\\u002d\\u002d- \\u002d\\u002d+\\u002d\\u002d\\u002d\\u002d-+\\u002d\\u002d - \\u002d\\u002d-+\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d- \\u002d\\u002d+\\u002d\\u002d\\u002d\\u002d-+\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d-! 27600 ,_ ___ o\\u002d\\u002d+-_o_.o_o_oo_,_ __ o__._ __ o_._ _ ___ o_.00_0_0_ 1 ____ 0._o_oo_o-+\\u002d\\u002d \\u002d\\u002d-10 0 0 ,0000 0 0 0 .0000 0.0000 0 >\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d\\u002d<\\u002d\\u002d\\u002d\\u002d \\u002d\\u002d\\u002d\\u002d\\u002d\\u002d-<\\u002d\\u002d\\u002d\\u002d _,_ ______ \\u002d\\u002d\\u002d\\u002d;\\u002d\\u002d- \\u002d\\u002d-+\\u002d\\u002d - \\u002d\\u002d! __ ,_ E:._3!_0_,_ 7J.4275 _31370 . \\u002d\\u002d 0 - 100.0000 _ 0.0000 0 27600 . 21370 77.4275 21370 0 100.0000 0.0000 0 *Resolution Approved with requisite majority. Page 3 of 3 General information about company Scrip code 500033 NSE Symbol FORCEMOT MSEI Symbol NOTLISTED ISIN INE451A01017 Name of the company FORCE MOTORS LTD Type of meeting EGM Date of the meeting \/ last day of receipt of postal ballot forms (in case of Postal Ballot) 26-10-2026 Start time of the meeting 03:00 PM End time of the meeting 03:37 PM Scrutinizer Details Name of the Scrutinizer Mr. Parag Pansare Firms Name Not Applicable Qualification CA Membership Number 117309 Date of Board Meeting in which appointed 25-09-2026 Date of Issuance of Report to the company 27-10-2026 Voting results Record date 19-10-2026 Total number of shareholders on record date 190 No. of shareholders present in the meeting either in person or through proxy a) Promoters and Promoter group 0 b) Public 0 No. of shareholders attended the meeting through video conferencing a) Promoters and Promoter group 0 b) Public 56 No. of resolution passed in the meeting 1 Disclosure of notes on voting results Resolution(1) Resolution required: (Ordinary \/ Special) Special Whether promoter\/promoter group are interested in the agenda\/resolution? No Description of resolution considered TO CONSIDER AND APPROVE PROPOSAL OF VARIATION IN THE RESTRICTIONS, TERMS AND CONDITIONS OF 27,600 SHARES HELD BY \\\"A\\\" EQUITY SHAREHOLDERS WITH REGARD TO REMOVAL OF RESTRICTIONS ON TRANSFERABILITY AND OTHER INCIDENTAL CONDITIONS. Category Mode ofvoting No. ofsharesheld No. ofvotespolled % of Votes polledon outstandingshares No. ofvotes \u2013 infavour No. ofvotes \u2013against % of votes infavour on votespolled % of Votes againston votes polled (1) (2) (3)=[(2)\/(1)]*100 (4) (5) (6)=[(4)\/(2)]*100 (7)=[(5)\/(2)]*100 Promoter and Promoter Group E-Voting 0 0 0 0 0 0 0 Poll 0 0 0 0 0 0 Postal Ballot (if applicable) 0 0 0 0 0 0 Total 0 0 0 0 0 0 0 Public- Institutions E-Voting 0 0 0 0 0 0 0 Poll 0 0 0 0 0 0 Postal Ballot (if applicable) 0 0 0 0 0 0 Total 0 0 0 0 0 0 0 Public- Non Institutions E-Voting 27600 21370 77.4275 21370 0 100 0 Poll 0 0 0 0 0 0 Postal Ballot (if applicable) 0 0 0 0 0 0 Total 27600 21370 77.4275 21370 0 100 0 Total 27600 21370 77.4275 21370 0 100 0 Whether resolution is Pass or Not. Yes Disclosure of notes on resolution Details of Invalid Votes Category No. of Votes Promoter and Promoter Group Public Insitutions Public - Non Insitutions\"},{\"title\":\"Outcome of Board Meeting\",\"summary\":\"FORCE MOTORS LTD has submitted to the Exchange, the financial results for the period ended September 30, 2026.\",\"source\":\"NSE\",\"published\":\"28-Oct-2026 17:03:40\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/FORCEMOTORS_28102026165743_Outcome.pdf\",\"disclosure_text\":\"FORCE MOTORS LIMITED CIN L34102PN1958PLC011172 Regd. Office : Mumbai-Pune Road, Akurdi, PUNE \u2013 411 035, INDIA. Tel. : (+91) 20 2747 63 81 Visit us at : www.forcemotors.com FML: SEC: F-43A (XIII) 28th October, 2026 To, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai \u2013 400 001. To, National Stock Exchange of India Ltd. Exchange Plaza, 5th Floor, Plot No.C-1, G Block Bandra-Kurla Complex, Bandra (East), Mumbai 400 051. Scrip Code: 500033 NSE Symbol: FORCEMOT Subject: Outcome of the Board Meeting held on 28th October, 2026 - Approval of Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended on 30 th September, 2026. Dear Sir \/ Madam, In terms of the provisions of Regulation 30 (read with Part A of Schedule III) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors in its meeting held today, i.e. on Wednesday, 28th October, 2026, have, inter- alia, considered and approved the following: 1. Un-audited Financial Statements (Standalone and Consolidated) for the Quarter and half year ended on 30th September, 2026. 2. Limited Review Reports on Un-audited Financial Statements (Standalone and Consolidated) for the Quarter and half year ended on 30th September, 2026, issued by the Statutory Auditors. A copy of the aforementioned Un-audited Financial Statements (Standalone and Consolidated) and Limited Review Reports for the Quarter and half year ended on 30 th September, 2026, issued by the Statutory Auditors are attached to this intimation letter. The meeting of the Board of Directors commenced at 02:52 p.m. and concluded at 04:20 p.m. This is for your information and records. Thanking you, Yours faithfully, For, Force Motors Limited Rohan Sampat Company Secretary & Compliance Officer M. No.: F14037 Encl.: A\/a. \u00ae FORCE STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF-YEAR ENDED 30 SEPTEMBER 2026. Sr. No. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. QUARTER ENDED HALF-YEAR ENDED Particulars 30 Sept. 30 June 30 Sept. 30 Sept. 2026 2026 2025 2026 Unaudited Unaudited Unaudited Unaudited Revenue from Operations 2,924 .54 2,439.89 2,081.27 5,364.43 Other Income 42.79 38.06 24.49 80.85 Total Income (1+ 2) 2,967.33 2,477.95 2,105.76 5,445 .28 Expenses (a) Cost of Materia ls consumed 2,176.31 1,749.03 1,552.86 3,925.34 (b) Changes in Invento ries of Finished Goods (48.46) 9.62 (109.18) (38.84) and Work-in-progress (c) Employee benefits expense 199.25 195.12 170.92 394.37 (d) Finance costs 2.12 0.04 0.23 2.16 (e) Depreciation and Amortisation expen se 81.01 76.85 70.95 157.86 (f) Othe r expenses 201.06 187.00 140.25 388.06 (g) Expenses capita lized (37.16) (28.56) (36.22) (65.72) Total Expenses 2,574.13 2,189.10 1,789 .81 4,763.23 Profit\/ (Loss) before exceptional items and tax 393.20 288.85 315.95 682.05 (3-4) Exceptional Items (Net) - - - - Profit\/ (Loss) Before Tax (5+6) 393.20 288.85 315 .95 682.05 Tax expense (a) Current tax 92.92 77.54 52.48 170.46 (b) Deferred tax 8.84 (0.76) {86.04) 8.08 (c) Taxation in respect of earlier years - - - - Total tax expense (Refer Note 4) 101.76 76.78 {33.56) 178.54 Net Profit\/ (Loss) for the period (7-8) 291.44 212.07 349 .51 503.51 (Refer Note 4) Other Comprehensive Income Items that will not be reclassified to profit or loss {6.51) 5.41 (3.54) (1.10) (Net of income tax) Total Comprehensive Income for the period 284.93 217.48 345.97 502.41 (9+10) Paid-up equity share capital 13.18 13.18 13.18 13.18 (Face value of UO per Share) Other Equity Basic and Diluted Earnings Per Share 221.18 160.95 265.26 382.13 (not annualised) (i n~) (Refer Note 4) FORCE MOTORS LIMITED CIN : L34102PN1958PLC011172 Regd. Office : Mumbai-Pune Road, Akurdi, PUNE - 411 035, INDIA. Tel. : (+91) 20 27476381 Visit us at : www.forcemotors.com 30 Sept. 2025 Unaudited 4,378.39 49.55 4,427.94 3,259.49 {131.32) 337 .37 0.36 141.24 288.42 {70.11) 3,825.45 602.49 - 602.49 155.85 (88.09) - 67.76 534.73 (1.43) 533.30 13.18 405.83 (~IN CR.) YEAR ENDED 31 March 2026 Audited 9,056.54 110.46 9,167.00 6,427.20 {22.51) 686.31 3.26 285.99 627.86 {144.96) 7,863.15 1,303.85 211.24 1,515.09 402.34 (98.54) 0.03 303.83 1,211.26 1.95 1,213.21 13.18 4,250.95 919.28 \u00ae FORCE Notes: 1. The limited review of financial results for the Quarter and half-year ended 30 September 2026 has been carried out by the Statutory Auditors. 2. The Company has completed the acquisition of enti re equity shares of Veera Tanneries Private Limited (VTPL), vi de a Share Purchase Agreement dated 23 April 2026 . Pursuant to such acquisition, VTPL has now become a wholly owned subsidiary of the Company and accordingly the financial results of VTPL have been consolidated as per the applicable Accounting St andards. 3. The Ministry of Environment, Forest and Climate Change has notified the Environment Protection (End-of- Life Vehicles) Rules, 2025 (\\\"ELV Rules\\\" ) effective Olst April 2025, imposing Extended Producer Responsibility (EPR) on vehicle manufacturers for scrapping old vehicles and such obligations are to be fulfille d through the purchase of EPR certificates from registere d Vehicle Scrapping Facilities via a Centralised Online Portal. As per best estimates, t he Company has recognised provisio ns in the financ ial statements. 4. The Company had opted for t he new tax regime u\/s 115BAA of t he Income tax Act, 1961 in the second quarter of previous financial year (2025-26) and consequently the Company had recognized a one-time benefit in Tax Expense in Profit and Loss Account of ~85.46 Crores owing to Deferred tax and MAT credit. Thus, tax expense for Q2 and Hl of 2025-26 reflect s the above stat ed benefit and therefore, is not compa rable with Q2 and Hl of the current financial year (2026-27). Consequently, PAT and EPS for the same periods are also not comparable. 5. The Company is operating in single segment. 6. Previous period's figures have been re-grouped, re-arranged and re-classified w hereve r necessary. 7. The above results have been reviewed by the Audit Commit t ee and approved by the Board of Directors in its meetings held on 28 October 2026. FORCE MOTORS LIMITED CIN : L34102PN1958PLC011172 Regd. Office: Mumbai-Pune Road, Akurdi, PUNE - 411 035, INDIA. Tel. : (+91 ) 20 27476381 Visit us at : www.forcemotors.com \u00ae FORCE STATEMENT OF STANDALONE ASSETS AND LIABILITIES Particulars I ASSETS 1. Non-current Assets (a) Property, plant and equi pment (b) Capital work-in-prog ress (c) Invest ment property (d) Other Intangible Assets (e) Intangible Assets under development (f) Financial Assets i) Investments ii) Loans and Advances iii) Other Financial Assets (g) Other Non-current Assets Total Non-current Assets 2. Current Assets (a) Inventorie s (b) Financial Assets i) Trade Receivables ii) Cash and Cash equivalents iii) Bank balance other than (ii) above iv) Loans and Advances v) Other Financial Assets (c) Current Tax Assets (Net) (d) Other Current Assets Total Current Assets IUIAL ASSE1::i II EQUITY AND LIABILITIES 1. Equity (a) Equity Share Capital (b) Other Equity Total Equity 2. Liabilities Non-current Liabilities (a) Financial Liabilities i) Borrowings ii) Other Financial Liabilities (b) Deferred Tax Liabilities (Net) (c) Other Non-current Liabilities (d) Provisions Total Non-current Liabilities Current Liabilities (a) Financial Liabilities i) Borrowings ii) Trade Payables - Total outstanding dues of Micro and Small enterprises - Total out standing dues other than Micro and Small enterprises iii) Other Financial Liabilit ies (b) Other Current Liabilities (c) Provisions Total Current Liabilities Total Liabilities TOTAL EQUITY AND LIABILITIES (~IN CR.) HALF-YEAR YEAR ENDED ENDED 30 Sept. 31 March 2026 2026 Unaudited Audit ed 1,625.86 1,473.46 175.98 235.72 12.98 13.21 459.94 434.67 315.61 300.68 339.30 173.00 13.74 - 14.45 13.74 147.89 136.10 3,105.75 2,780.58 1,418 .95 1,258 .01 196.15 191.15 726.43 823.28 251.52 1.17 1.81 0.51 1,411.45 1,412.28 11.07 34.39 223.11 103.50 4,240.49 3,824.29 7,34b.Z4 b,bU'f.!S\/ 13.18 13.18 4,687.48 4,250.95 4 700.66 4 264 .13 - - 1.69 1.69 234.74 227.62 7.73 5.44 53.17 61.77 297.33 296.52 - - 44.01 47.81 1.154.04 992.51 68.64 37.65 617.36 654.15 464.20 312.10 2,348.25 2,044.22 2,645.58 2,340.74 7,346 .24 6,604 .87 ::C FOR :. I ~I IDENTIFICATION t I $f~IGNEO ~ \u00b7 For and on b fMj lf of the Board of Directors (\\\"r ~ A ~ ~ ~ ~ 61'ed Acco~ Place: Pune Date : 28 October 2026 CIN : L34102PN1958PLC011172 Regd. Office: Mumbai-Pune Road, Akurdi, PUNE - 411 035, INDIA. Tel. : (+91) 20 27476381 Visit us at : www.forcemotors.com \u00ae FORCE STATEMENT OF STANDALONE CASH FLOWS (\\\"(IN CR.) Half-year ended Particulars 30 Sept. 30 Sept. 2026 2025 Unaudited Unaudited A. Cash flow from Operating Activities Profit\/ (Loss) before tax 682 .05 602.49 Adjustments for Depreciation and Amortisation expense 157.86 141.24 Net exchange differences (unrealised) 0.17 0.69 Intere st Income (64.03) (35.21) Dividen d Income on Equity Securities (0.42) (0.38) Loss\/ (Gain) on disposal of Propert y, Plant and Equipment (0.25) 0.18 Finance Costs 2.16 0.36 Inventory write down 2.05 1.95 Operating Profit before Working Capital adju stments 779.59 711.32 Working Capital adjustments (lncrease)\/Decrease in Trade Receivables (4.96) (83.78) Invento ries (162 .99) (55.75) Other Financial Assets 152.54 (0.90) Other Non-fi nancial Assets (119.61) 20.14 Trade Payables 157.53 (69.06) Financial Liabilities 1.55 1.44 Non-financial Liabilities (34.50) (136.27) Provisions 137.43 14.03 Cash generated from Operations 906 .58 401.17 Income Tax (paid) I Refund (Net) (147.14) (131.76) Net Cash flow from\/ (used in) Operating Activities 759.44 269.41 B. Cash flow from Invest ing Activities Payments for Property, Plant and Equipment and Intang ible Assets (273 .22) (221.56) Proceeds from sale of Property , Plant and Equipment and Intangible Assets 0.64 0.59 Deposits - Financial Institutions I Banks (425.00) (100 .00) Intere st received 71.22 18 .36 Investment s (162.29) - Dividen d received 0.42 0 .38 Net cash flow from\/ (used in) Investing Activities (788 .23) (302.23) c. Cash flow from Financing Activities Proceeds from\/Repaymen t of borro wings (Net) - (17.43 ) Interest paid (2.16) (0.37) Dividen d paid (65.88) (52.7 1) Net Cash flow from\/ (used in) Financing Activities (68.04) (70.51) Net lncrease\/(Decrease) in Cash and Cash equivalents (96.83) (103.33) Cash and Cash equivalents at beginnin g of the financ ial year 823 .26 499 .80 Cash and Cash equivalents at end of t he financial year 726.43 396.47 Cash and Cash equivalents 726.43 396.54 Effects of exchange rate fluctuations on Cash and Cash equivalents held 0.00 (0.07) 726 .43 396.47 Place: Pune Date : 28 Octob er 2026 FORCE MOTORS LIMITED CIN : L34102PN1958 PLC0 11172 Regd . Office: Mumbai-Pune Road, Akurdi, PUNE - 411 035 , INDIA. Tel. : (+91) 20 2747638 1 Visit us at : www.forcemotors.com A. Statement on deviation or variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement, etc. - Not Applicable. B. Format for disclosing outstanding default on loans and debt securities - Not Aapplicable. C. Format for disclosure of Related Party Transactions (applicable only for Half-yearly filings i.e. 2nd and 4th quarter) - Applicable. D. Statement on impact of audit qualifications (for Audit Report with Modified Opinion) submitted along with Annual Audited Financial Results (Standalone and Consolidated separately) (applicable only for Annual Filing i.e. 4th quarter) - Not Applicable. KIRTANE & PANDIT LLP Chart e red Accountants Pune I Mumbai I Nashik I Bengaluru I Hyderabad I New Delhi I Chennai Independent Auditor's Review Report on Quarterly & Half Yearly Unaudited Standalone Financial Results of the Company Pursuant to Regulation 33 of the SEBI (listing Obligation and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Force Motors limited 1. We have reviewed the accompanying statement of standalone unaudited financial results of Force Motors Limited (the \\\"Company\\\") for the quarter ended September 30, 2026 and year to date for the period from April 01, 2026 to September 30, 2026 (\\\"the Statement\\\") being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the \\\"Listing Regulations\\\") 2. This statement which is the responsibility of the Company's Management and has been approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34} \\\"Interim Financial Reporting\\\" prescribed under Section 133 of the Companies Act,2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express conclusion on the Statement based on our review . 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 \\\"Review of Interim Financial Information Performed by the Independent Auditor of the Entity\\\", issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement . Page 1of2 5th Floor. Wing A. Gopal House. S.No. 127\/lB\/1. Plot Al. Kothrud. Pune- 411038. India e +91 20 67295100. 25433104 S kpca@kirtanepandit.com 0 www.kirtanepandit .com Force Motors Limited - Independent Auditor's Review Report on the Quarterly and year to date Statement of Standalone unaudited financial results A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide s less assurance than an audit. We have not performed an audit and accordingly , we do not express an audit opinion . 4. Based on our review conducted as above , nothing has come to our attention that causes us to believe that the accompanying statement of standalone unaudited financial results prepared in accordance with applicable accounting standards and other recognized accounting practice s and policies has not disclosed the information required to be disclo sed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requir ement s) Regulation s, 2015 including the manner in which it is to be disclosed, or that it contain s any material misstatement. For Kirtane & Pandit LLP Chartered Accountants Firm Registration No.105215W\/W100057 ~ \\u002d\\u002d\u00adParag Pansare Partner Membership No. : 117309 uo1N : 26 \\\\ \\\\ ~ '309 zp L-Z s H 9 2. i b Pune, October 28, 2026 Kirtane & Pandit LLP Chartered Accountants Page 2 of 2 \u00ae FORCE STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF-YEAR ENDED 30 SEPTEMBER 2026. Sr. No. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. QUARTER ENDED HALF-YEAR ENDED Particulars 30 Sept. 30June 30 Sept. 30 Sept. 2026 2026 2025 2026 Unaudited Unaudited Unaudited Unaudited Revenue from Operations 2,924.66 2,440.01 2,081.40 5,364.67 Other Income 42.83 38.10 24.49 80.93 Total Income (l+ 2) 2,967.49 2,478.11 2,105.89 5,445.60 Expenses (a) Cost of Materials consumed 2,176.31 1,749.03 1,552.86 3,925.34 (b) Changes in inventories of finished goods (48.46) 9.62 (109.18) (38.84) and work-in-progress (c) Employee benefits expense 199.25 195.12 170.92 394.37 (d) Finance costs 2.12 0.04 0.23 2.16 (e) Deprec iatio n and amo rtizati on expense 81.73 77.40 70.95 159.13 (f) Other expenses 201. 10 187.01 140.25 388.11 (g) Expenses capitalized (37.16) (28.56) (36.22) {65.72) Total Expenses 2,574.89 2,189.66 1, 789.81 4,764.55 Profit I (Loss) before share of Profit I (Loss) of 392.60 288.45 316.08 681.05 Joint Venture and exceptional items (3-4) Share of Profit I (Loss) of Joint Venture 2.94 4.84 1.10 7.78 Profit\/ (Loss) before exceptional items and tax 395.54 293.29 317.18 688.83 (5+6) Exceptional Items (Net) - - - - Profit I (Loss) Before Tax (7+8) 395.54 293.29 317.18 688.83 Tax expense (a) Current tax 92.95 77.57 52.52 170.52 (b) Deferre d tax 8.68 (0.87) (86.04) 7.81 (c) Taxation in respect of earlier years - - - - Total tax expense (Refer Note 4) 101. 63 76.70 (33.52) 178.33 Net Profit I (Loss) for the period (9-10) 293.91 216.59 350.70 510.50 (Refer Note 4) Other Comprehensive Income Items that will not be reclassified to profit or (6.50) 5.42 (3.54) (1.08) loss (Net of income tax) FORCE MOTORS LIMITED CIN: L34102PN1958PLC011172 Regd. Office: Mumbai-Pune Road, Akurdi, PUNE - 411 035, INDIA. Tel. : (+91) 20 27476381 Visit us at : www.forcemotors.com 30 Sept. 2025 Unaudited 4,378.65 49.55 4,428.20 3,259.49 (131.32) 337.37 0.36 141.24 288.42 (70.11) 3,825 .45 602.75 (7.86) 594.89 - 594.89 155.92 (88.09) - 67.83 527.06 (1.42) ( ~ IN CR.) YEAR ENDED 31 March_ 2026 Audited 9,057.05 110.46 9,167.51 6,427.20 (22.51) 686.31 3.26 285.99 627.86 (144.96) 7,863.15 1,304.36 0.11 1,304.47 211.24 1,515.71 402.47 (98.54) 0.03 303.96 1,2 11.75 1.99 \u00ae FORCE QUARTER ENDED HALF-YEAR ENDED Sr. Particulars No. 30 Sept. 30Jun e 30 Sept. 30 Sept. 30 Sept. 2026 2026 2025 2026 2025 Unaudited Unaudited Unaudited Unaudited Unaudite d 13. Total Comprehensive Income for the period 287.41 222.01 347.16 509.42 525.64 (11+12) 14. Prof it I (Loss) attr ibuta ble to: (a) Owners of t he Company 293.88 216.56 350.67 510.44 527.00 (b) Non controlling interest 0.03 0.03 0.03 0.06 0.06 15. Total Comprehensive Income attrib utable to : (a) Owners of the Company 287.38 221.98 347.13 509.36 525.58 (b) Non contro lling interest 0.03 0.03 0.03 0.06 0.06 16. Paid-up equity share capital 13.18 13.18 13.18 13.18 13.18 (Face value of '10 per Share) 17. Other Equity 18. Basic and Diluted Earnings Per Share (not 223.03 164.36 266.14 387.39 399.96 annualised) (in ' ) (Refer Note 4) Notes: 1. The limit ed review of fi nancial results for the Quarter and half-year ended 30 September 2026 has been carr\"}],\"recent_news\":[{\"summary\":\"FORCE MOTORS LTD has submitted the Exchange a copy Srutinizers report of 01\/2026-27 Extraordinary General Meeting held on October 26, 2026. Further, the company has informed the Exchange regarding voting results.\",\"category\":\"Shareholders meeting\",\"date\":\"28-Oct-2026 21:11:10\",\"source\":\"NSE filing\",\"industry\":null,\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/FORCEMOTORS_28102026210830_AEQ_Voting_Results_SCRUTINISER_REPORT.pdf\",\"headline\":\"Earnings \/ operating update\",\"impact\":\"Earnings updates are directly relevant to valuation. Revenue growth, margins, profit growth and management guidance are the key items to compare with expectations.\",\"importance_score\":5,\"completeness_score\":4},{\"summary\":\"FORCE MOTORS LTD has submitted the Exchange a copy Srutinizers report of 02\/2026-27 Extraordinary General Meeting held on October 26, 2026. Further, the company has informed the Exchange regarding voting results.\",\"category\":\"Shareholders meeting\",\"date\":\"28-Oct-2026 21:11:10\",\"source\":\"NSE filing\",\"industry\":null,\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/FORCEMOTORS_28102026211048_2EQ_Voting_Results_AND_Scrutiniser_to_BSE-NSE.pdf\",\"headline\":\"Earnings \/ operating update\",\"impact\":\"Earnings updates are directly relevant to valuation. Revenue growth, margins, profit growth and management guidance are the key items to compare with expectations.\",\"importance_score\":5,\"completeness_score\":4},{\"summary\":\"FORCE MOTORS LTD has submitted to the Exchange, the financial results for the period ended September 30, 2026.\",\"category\":\"Outcome of Board Meeting\",\"date\":\"28-Oct-2026 17:03:40\",\"source\":\"NSE filing\",\"industry\":null,\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/FORCEMOTORS_28102026165743_Outcome.pdf\",\"headline\":\"Earnings \/ operating update\",\"impact\":\"Earnings updates are directly relevant to valuation. Revenue growth, margins, profit growth and management guidance are the key items to compare with expectations.\",\"importance_score\":5,\"completeness_score\":4},{\"summary\":\"Proceedings of 01\/2026-27 Extraordinary General Meeting of \\\"A\\\" Equity Shareholders held on October 26, 2026.\",\"category\":\"Shareholders meeting\",\"date\":\"26-Oct-2026 19:06:25\",\"source\":\"NSE filing\",\"industry\":null,\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/FORCEMOTORS_26102026190540_Proceedings_of_01-2026-27-EGMrs.pdf\",\"headline\":\"Company update\",\"impact\":\"This is a recent company development worth monitoring. It should not automatically be treated as the sole cause of today's price move.\",\"importance_score\":2,\"completeness_score\":4}],\"shareholding_snapshot\":{\"promoter_pct\":61.63,\"public_pct\":38.37,\"fii_pct\":7.09,\"dii_pct\":2.49,\"mf_pct\":1.72,\"institutional_pct\":9.58,\"noninst_pct\":28.79,\"mf_scheme_count\":25,\"pledged_shares\":null,\"pledged_pct_of_promoter\":null,\"mf_holders\":[{\"name\":\"Sundaram Mutual Fund - Sundaram Aggressive Hybrid Fund\",\"shares\":142346,\"pct\":1.08}],\"period\":\"30-SEP-2026\",\"submission_date\":\"15-OCT-2026\",\"source\":\"NSE shareholding pattern XBRL\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1739049_15102026050742_WEB.xml\",\"previous_period\":\"30-JUN-2026\",\"previous_promoter_pct\":61.63,\"previous_fii_pct\":9.52,\"previous_dii_pct\":1.46,\"previous_mf_pct\":0.79,\"previous_institutional_pct\":10.98,\"previous_mf_scheme_count\":23,\"previous_pledged_pct_of_promoter\":null,\"previous_pledged_shares\":null}} --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Force Motors share price fell 1.62% to \u20b917,094.00 today. See why FORCEMOT is falling, volume context, company developments and what to watch next.<\/p>\n","protected":false},"author":1,"featured_media":9520,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_witty_seo_title":"Force Motors Share Price Today: Why FORCEMOT Is Falling 1.62% | 28 October 2026","_witty_meta_description":"Force Motors share price fell 1.62% to \u20b917,094.00 today. 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