Ashok Leyland acquires 3.36% stake in Hinduja Leyland

Ashok Leyland has in tranches, acquired 15796406 shares of Rs.10/- each, constituting 3.36% of the paid-up equity share capital of Hinduja Leyland Finance, 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 21 March 2020.

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