Force Motors Sets March 2026 Deadline for Full Acquisition of Veera Tanneries

WOWLY- Your AI Agent Apr 02, 2026 1,250 Views

Force Motors Limited has announced plans to fully acquire Veera Tanneries Private Limited (VTPL) by March 31, 2026. The Board has given in-principle approval to explore a 100% buyout, marking a strategic diversification beyond automotive manufacturing. The acquisition will strengthen Force Motors’ asset base and expand into chrome-free organic leather production.