Ashok Leyland Limited — New Orders, 12-12-2024: Bagging/Receiving of orders/contracts

Ashok Leyland has secured an order to supply 1,475 BSVI Diesel Fuel Type Passenger Bus Chassis to the Tamil Nadu State Transport Corporation, with a total value of approximately ₹345.58 Crore. The order follows standard tender processes and will be executed between December 2024 and May 2025. There are no adverse terms associated with this contract, and it has been awarded by a domestic entity. The development underscores the company's ongoing engagement with public transport sectors and reflects potential growth opportunities. This substantial order enhances visibility for Ashok Leyland, positioning it favorably in the market. Investors should view this as a positive outlook for the company as it continues to strengthen its order book.