Force Motors shares fell up to 4% to their day's low of ₹20,593.55 on the BSE on Thursday, March 5, following the company's disclosure of a regulatory notification from the Securities and Exchange Board of India (SEBI). According to The Economic Times, the stock price decline came after the company received an email from SEBI on February 4, 2026, regarding its Q2 FY25 financial results announcement made on October 29, 2024.
SEBI has requested extensive information from Force Motors concerning various elements of its Q2 FY25 results announcement. As reported by The Economic Times, the regulator is investigating the company's unaudited financial outcomes (both standalone and consolidated) for the quarter and half year ending on September 30, 2024. The investigation covers detailed information such as a chronology of events, details of insiders, MIS particulars, designated persons, and an extract of the structured digital database from the commencement of the event until the information was published or became public.
Force Motors has clarified that there is no material impact on its financial operations at this stage, as reported by The Economic Times. The company stated that no aberrations or non-compliances have been identified by the authority, and that no penalty, restriction, or sanction has been imposed pursuant to the communication. The company added that it will file a suitable reply to SEBI within the permissible timeline, with no other relevant information disclosed in the filing.
This marks the second regulatory probe in a short period, following a previous inquiry related to Q3 FY24 results and fluctuations in stock price. According to The Economic Times, SEBI received a new regulatory notice through email on February 4th, 2026, regarding the company's declaration made on October 29th, 2024 concerning the unaudited financial results for the quarter and half year ending on September 30th, 2024.
