Business Standard

Leyland To Write Off Rs 160 Crore

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Our Corporate Bureau BUSINESS STANDARD

The list of companies that write off deferred revenue expenditure against their share premium accounts is growing.

The latest to join the bandwagon is Hinduja group company Ashok Leyland, which is set to write off expenses up to Rs 160 crore against its share premium account.

The balance in Ashok Leyland

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First Published: Dec 11 2002 | 12:00 AM IST

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