Force Motors Ltd

Sundaram Mutual Fund raised its stake in Force Motors Ltd to 1.08%, holding 1,42,346 shares, up from under 1% in the prior filing.

A vertically integrated manufacturer of commercial vehicles, utility vehicles, and agricultural tractors established in 1958. The company designs and produces small light commercial vehicles and multi-utility vehicles for both domestic and international markets across the Middle East, Asia, Latin America, and Africa. It operates as the flagship entity of the Abhay Firodia group, serving customers through its integrated manufacturing operations.

Chennai-based AMC founded in 1996 as a joint venture with BNP Paribas, now wholly owned by the Sundaram Finance Group. Manages over Rs 1 lakh crore. Strong brand in South India with equity funds that have delivered consistent long-term track records across market cycles. Sundaram Mid Cap Fund has been a flagship since the early 2000s.