FORCE MOTORS LTD — Important, 15-02-2025: General Updates

Force Motors has redeemed 190 Unlisted Secured Redeemable Non-Convertible Debentures (NCDs), each with a face value of ₹1 Cr, originally allotted to Kotak Mahindra Bank. The redemption occurred at approximately 2:46 PM, including the applicable interest. This move is significant in terms of debt management and may enhance liquidity and balance sheet strength. Investors should watch closely, as maintaining a healthy debt profile can provide Force Motors with a competitive edge in the automotive sector.