Ashok Leyland Limited
Ashok Leyland is the flagship Company of the Hinduja group, having a long-standing presence in the domestic medium and heavy commercial vehicle (M&HCV) segment. The company has a strong brand and well-diversified distribution and service network across the country and has a presence in 50 countries, it is one of the most fully-integrated manufacturing companies. Its headquarter is in ChennaiThey manage driver…
What Ashok files
- Others87
- Important51
- Investor Meet50
- Updates15
- Dividend/Bonus13
- Board Meeting10
Ashok Leyland's Board appointed Deloitte Haskins & Sells as new statutory auditors for a five-year term, effective from the 78th AGM in 2027. This follows Price Waterhouse & Co.'s tenure completion and awaits shareholder approval.
Hinduja Leyland Finance, an Ashok Leyland subsidiary, received approval from its equity shareholders and unsecured creditors (representing ₹2098.75 Cr debt) for its merger scheme with NDL Ventures. This marks a significant business development.
Ashok Leyland's associate, ALJD, has been voluntarily liquidated. After a multi-year process, ALJD ceased to be an associate, streamlining the company's operational structure.
Ashok Leyland's board has approved incorporating a wholly-owned subsidiary in Indonesia, pending regulatory clearances. This strategic move aims to bolster the company's international business presence and market reach.
Ashok Leyland secured a significant order for 715 vehicles from VRL Logistics, deepening their long-standing partnership. This order includes diverse trucks and buses, with 300 already delivered. The remaining 415 vehicles are slated for delivery this year, strengthening Ashok Leyland's market position.