ALPHA TRIBE

FORCE MOTORS LTDOthers, 13-12-2024: Loss of Share Certificates

13-12-2024 | 04:46 pm

Force Motors Limited has reported the loss of share certificates for a total of 100 shares belonging to two shareholders, Gadgyawwa Virappa Nakate and Jupudy Venkatesanam Berumallu, among others. Shareholders can lodge claims with the company or its registrar within 7 days, after which duplicate certificates will be issued if necessary documentation is received.

This incident may create short-term concerns for affected shareholders regarding their ownership rights but also highlights the company's compliance with disclosure requirements. Investors might view this as a neutral impact, noting a low risk to overall company operations.

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