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force motors ltd (500033) Snapshot

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force motors ltd (500033) Details

Force Motors Limited, an integrated automobile company, designs, develops, manufactures, and sells automotive components, aggregates, sub-systems, and vehicles in India. The company offers personal vehicles, small commercial vehicles, multi-utility vehicles, light commercial vehicles, sport utility vehicles, agricultural tractors, and other products, as well as diesel engines. Force Motors Limited also exports its products to various countries in the Middle East, Asia, Latin America, and Africa. The company was incorporated in 1958 and is based in Pune, India.

Founded in 1958

force motors ltd (500033) Top Compensated Officers

Managing Director, Member of Board of Managem...
Total Annual Compensation: 13.7M
Group Chief Financial Officer
Total Annual Compensation: 11.5M
Executive Director of Operations and Addition...
Total Annual Compensation: 9.5M
Vice President of Corporate & Controlling and...
Total Annual Compensation: 2.2M
Chairman, Member of Board of Management and M...
Total Annual Compensation: --
Compensation as of Fiscal Year 2016.

force motors ltd (500033) Key Developments

Force Motors Ltd. Announces Production and Sales Results for the Month of August 2016

Force Motors Ltd. announced production and sales results for the month of August 2016. For the month, the company reported production of small commercial vehicles and light commercial vehicles of 2,109 units and utility vehicles and sports utility vehicles and tractors of 1,212 units. For the month on domestic basis, the company reported small commercial vehicles and light commercial vehicles net sales after tax of INR 1,135.247 million and utility vehicles and sports utility vehicles and tractors net sales after tax of INR 496.198 million. For the month on export basis, the company reported small commercial vehicles and light commercial vehicles net sales after tax of INR 64.399 million and utility vehicles and sports utility vehicles and tractors net sales after tax of INR 7.245 million.

Force Motors Ltd., Annual General Meeting, Sep 28, 2016

Force Motors Ltd., Annual General Meeting, Sep 28, 2016, at 11:30 Indian Standard Time. Location: Mumbai-Pune road Akurdi Pune- 411035 India Agenda: To consider and adopt audited financial statements for the financial year ended March 31, 2016; to note the interim dividend as the final dividend for the financial year ended March 31, 2016; to appoint director in place of Mr. Sudhir Mehta who retires by rotation and being eligible, offers himself for reappointment; to appoint auditors and to fix their remuneration and in this regard to pass with or without modifications; and to consider other matters.

Force Motors Ltd. Announces Executive Changes

Force Motors Ltd. at the board of directors meeting held on July 30, 2016 approved the appointment of Mr. Arvind R. Mahajan has been appointed as additional director in the category of independent director with effective from July 30, 2016. Approved the resignation of Mrs. Aparna G. Lambore as company secretary and compliance officer. Her resignation has been taken on record by the board of directors in the meeting held on July 30, 2016. Approved the appointment of Mr. Kishore P. Shah as company secretary and compliance officer with effective from July 30, 2016.

 

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