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Lt. Gen. Dr. D. B. Shekatkar (Retd.) has completed his second term as an Independent Director at Force Motors Limited and will cease to be a board member effective February 12, 2025. As a result, he will also step down as Chairman of the Stakeholders’ Relationship Committee and a member of the Nomination & Remuneration Committee. The company expressed gratitude for his valuable contributions during his tenure.
This transition may prompt a period of adjustment in governance but could also pave the way for new perspectives within the board. Investors may view this change as an opportunity for renewal, balancing operational continuity with the potential for fresh insights in strategy and oversight.