Ashok Leyland Acquisition
Ashok Leyland announced NCLT Mumbai sanctioned the merger of its material subsidiary Hinduja Leyland Finance into NDL Ventures on November 3, 2026. NDL becomes the material listed subsidiary once the scheme takes effect.
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Ashok Leyland announced NCLT Mumbai sanctioned the merger of its material subsidiary Hinduja Leyland Finance into NDL Ventures on November 3, 2026. NDL becomes the material listed subsidiary once the scheme takes effect.
Ashok Leyland will hold a board meeting on 14 November 2026 to approve unaudited quarterly and half-year results. The trading window closes from 01 October 2026.
Ashok Leyland reported October 2026 total vehicle sales of 21,888 units including exports, up 23% year-on-year. Domestic sales rose 24% to 20,224 units.
Ashok Leyland announced the resignation of Mr. Raja Radhakrishnan, Head - Special Projects, from the position of Senior Management Personnel, effective October 21, 2026.
Ashok Leyland Ltd has submitted its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI LODR regulations.
Ashok Leyland submitted its half-yearly statement of outstanding non-convertible debentures as of September 30, 2026, as required by SEBI regulations.
ICRA has reaffirmed credit ratings for Ashok Leyland Ltd's debt instruments totaling Rs. 7,379.38 Crore. The ratings for NCDs and long-term facilities remain [ICRA]AA+ with a Stable outlook.
Ashok Leyland reported total vehicle sales of 24,049 units for September 2026, marking a 28% year-on-year growth. Domestic sales grew 29% to 22,157 units during the month.
CARE Ratings reaffirmed Ashok Leyland's credit ratings on ₹6,000 Crore of debt facilities. Long-term bank facility and NCD ratings were withdrawn for unavailed or repaid amounts.
Ashok Leyland reported total sales of 21,038 units for August 2026, marking a 38% year-on-year growth. Domestic sales grew 43% to 19,438 units, driven by strong demand in the M&HCV segment.
Ashok Leyland achieved record Q1 performance with all-time high volumes and revenue. Management is focused on premiumization, cost-saving projects like 'Achieve 2K', and diversifying into non-MHCV segments to reduce cyclical dependency.
Ashok Leyland held its 77th Annual General Meeting on August 14, 2026. Shareholders transacted ordinary business, including the adoption of financial statements and final dividend confirmation.
Ashok Leyland Limited is acquiring additional stake in its UK-based subsidiary, Optare Plc, for a cash consideration not exceeding ₹325 Crore.
Ashok Leyland will acquire an 8.9% stake in Hinduja Housing Finance Limited for a cash consideration of ₹500 Crore.
Ashok Leyland's board approved investments up to ₹325 Crore in subsidiary Optare Plc and ₹500 Crore in Hinduja Housing Finance Limited to strengthen its EV and housing finance presence.
Ashok Leyland has appointed Deloitte Haskins & Sells as Statutory Auditors for five years starting 2027. They replace Price Waterhouse & Co. upon completion of their ten-year tenure.
Ashok Leyland Ltd reported revenue from operations of ₹13,070 Cr (+11.6% YoY) and net profit of ₹667.8 Cr (+1.5% YoY) for Q1 FY27.
Ashok Leyland announced the allotment of non-convertible debt securities. The issuance does not change the company's total paid-up share capital.