Ashok Leyland Limited — JV/Acquisition, 28-11-2025: Acquisition

Ashok Leyland is expanding its global footprint by incorporating a new wholly-owned subsidiary, Ashok Leyland Saudi Company, in Saudi Arabia. This strategic move involves an initial investment of SR 5,00,000 as share capital. The new entity aims to establish a vehicle assembly plant for buses and trucks, targeting both the domestic Saudi market and broader export opportunities. This 100% subsidiary strengthens Ashok Leyland's production capabilities and market presence in the Middle East, signaling a proactive step towards geographic expansion and capturing new revenue streams in a key region.