Ashok Leyland Limited — Important, 10-06-2025: General Updates

Ashok Leyland’s UK subsidiary Optare Plc has raised its stake in Switch Mobility Limited (UK) to 99.57%, acquiring 1.01% from Dana Ltd. Along with Hinduja Automotive Limited, the group now holds 100% ownership of Switch Mobility UK, solidifying full control over its electric vehicle business and boosting its presence in the EV sector.