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Ashok Leyland Ltd.

BSE: 500477 Sector: Auto
NSE: ASHOKLEY ISIN Code: INE208A01029
BSE 00:00 | 24 Apr 2020 Ashok Leyland Ltd
NSE 05:30 | 01 Jan 1970 Ashok Leyland Ltd

Ashok Leyland Limited - Acquisition

April 24, 2020, 12:00 am | Source: NSE

Ashok Leyland Limited we hereby inform you that the Company has in tranches, acquired 15796406 shares of Rs.10/- each, constituting 3.36% of the paid-up equity share capital of Hinduja Leyland Finance Limited (HLFL), a subsidiary of the Company. Consequent to the aforesaid acquisition, the Company s shareholding in HLFL stands increased from 65.45% to 68.81%. The aforesaid acquisition is part of the 6.99% acquisition approved by the Board at the meeting held on March 21, 2020. The details required under Regulation 30 of SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015 are given in annexure.We request you to kindly note and take the above information on record.