Ashok Leyland reported total sales of 14,271 units in month of April 2024 compared to 12,974 units in April 2023, recording a growth of 10%. Total sales include domestic sales of 13,446 units which were higher by 9% over the corresponding month of previous year. Powered by Capital Market - Live News

Ashok Leyland announced that the Board of Directors of the Company at its meeting held on 25 March 2024, inter alia, have recommended the interim dividend of Rs 4.95 per equity Share (i.e. 495%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Ashok Leyland will hold a meeting of the Board of Directors of the Company on 25 March 2024.Powered by Capital Market - Live News

Hinduja Tech, a mobility-focused global engineering R&D services company and a subsidiary of Ashok Leyland announced the signing of a definitive agreement for Creador to invest $50 million acquiring 19.6 % shareholding in the company, which is subject to completion of customary closing conditions. Creador is a renowned private equity firm focused on partnering to grow world-class businesses in Southeast Asia and India. This investment places Hinduja Tech at a post-money equity value of $255 million.The infusion of capital will allow Hinduja Tech to augment its existing capabilities in research and development through organic and inorganic means, enhance its global footprint and expand its state of the art labs to gain momentum in its journey towards emerging as a global leader in sustainable engineering mobility services. Hinduja Tech has been making significant strides in the mobility industry, by expanding its capabilities and partnerships to drive innovation and growth. The company has also collaborated with numerous players in mobility space, to support their development and production efforts across various segments, from traditional buses and sports cars to electric and autonomous vehicles.Powered by Capital Market - Live News

Ashok Leyland reported a decline of 6% in total sales for month of February. The company sold 17,464 units in February 2024 compared to 18,571 units in February 2023. Total sales include domestic sales of 16,451 units, lower by 6%. Powered by Capital Market - Live News