Force Motors stated in an exchange filing that the firm s domestic sales in August 2023 stood at 2,601 units, while export sales stood at 675 units. Meanwhile, total production in August stood at 3,032 units.
Force Motors share rises 3% on fund raising via NCDs
The said issue is subject to the necessary approvals of the shareholders of the company, the filling added
BusinessToday.In | January 12, 2021 | Updated 18:15 IST
The stock closed 3.01% higher at Rs 1,418.10 on BSE
Force Motors share rose 3% on Tuesday after the company board approved to raise up to Rs 500 crore via NCDs.
As per the company filing, the board of directors in its meeting held on January 11 approved issuance of non-convertible debentures (NCDs), up to Rs 500 crore, through private placement in one or more tranches.
The said issue is subject to the necessary approvals of the shareholders of the company, the filling added.