Force Motors Limited has successfully completed the acquisition of Veera Tanneries Private Limited (VTPL) for ₹161.96 Crore. The transaction was finalized via a Share Purchase Agreement on April 23, 2026, marking the completion of the process initially announced in February 2026.
Force Motors Ltd has completed the acquisition of Veera Tanneries Private Limited (VTPL) for ₹161.96 Crore. The transaction was finalized via a Share Purchase Agreement executed on April 23, 2026, marking the successful conclusion of the acquisition process initiated in February 2026.
Force Motors Limited has acquired 100% shareholding of Veera Tanneries Private Limited (VTPL) for ₹161.96 Crore. Following the execution of the Share Purchase Agreement on April 23, 2026, VTPL has become a wholly owned subsidiary of the company.