Ashok Leyland Limited — Important, 12-02-2025: Updates

Ashok Leyland Limited has updated its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI) to enhance transparency and stakeholder engagement. This amended code aims to foster uniformity and timeliness in disclosing information that could materially impact the company's securities. Key principles include prompt public dissemination of UPSI, managing information on a need-to-know basis, and responding fairly to market rumors.

The company has designated the Company Secretary as the Chief Compliance Officer and the Chief Financial Officer as the Chief Investor Relations Officer to oversee and ensure adherence to these practices. The updated code is designed to safeguard sensitive information while facilitating necessary disclosures to regulatory authorities. Investors should note that this strategic step highlights Ashok Leyland's commitment to compliance and transparency, which could positively influence investor confidence and market perception.