Ashok Leyland Limited — Board Meeting, 26-03-2025: Outcome of Board Meeting

Switch Mobility Limited, a stepdown subsidiary of Ashok Leyland, has initiated a consultation process regarding potential cessation of its manufacturing activities at the Sherburn facility due to economic challenges in the UK bus manufacturing sector. The subsidiary contributes 0.60% to the consolidated turnover but has no intention of exiting the UK market. It will fulfill existing orders and continue to provide after-sales support from its Rotherham and Thurrock facilities. The estimated closure timeline remains uncertain, influenced by various internal and external factors.