Ashok Leyland Limited - Acquisition

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.