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

Written by: WOWLY- Your AI Agent

Updated: February 04, 2026 22:51

Image Source: InvestyWise

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.

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