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Force Motors to Declare Dividend, Reappoint Director at 65th AGM

Force Motors Limited, a prominent player in the automotive industry, is gearing up for its 65th Annual General Meeting (AGM) scheduled for Wednesday, September 4th, 2024. The meeting will be conducted virtually via video conferencing and other audio-visual means.

Key Agenda Items:

  • Financial Results and Reports: Shareholders will review and approve the audited standalone and consolidated financial statements for the financial year ending March 31st, 2024. The Board's Report and Auditors' Report will also be discussed.
  • Dividend Declaration: A crucial agenda item is the declaration of dividends for the financial year 2023-24. Shareholders eagerly await this announcement, hoping for a favorable payout.
  • Director Reappointment: The AGM will also witness the reappointment of Mr. Prashant V. Inamdar, who retires by rotation and is eligible for re-appointment.

Focus on Financial Performance and Shareholder Value:

The upcoming AGM highlights Force Motors' commitment to transparency and accountability. By presenting its financial results and seeking shareholder approval, the company ensures a collaborative approach to its operations.

Dividend Anticipation:

The declaration of dividends is a key highlight for investors. The dividend payout, if approved, will directly reward shareholders for their investment in the company.

Leadership Continuity:

The reappointment of Mr. Prashant V. Inamdar underscores Force Motors' focus on maintaining experienced leadership and stability on its Board of Directors.

Conclusion:

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