ASHOKLEY
Ashok Leyland Limited
NSE BSELast Traded Price
₹174.86
-3.14 (-1.76%)
Open
₹178
High
₹178.83
Low
₹173.23
Prev Close
₹178
Industry
Commercial Vehicles
Market Cap
102710.22 Cr
Filing History
Recent corporate announcements and filings for ASHOKLEY
Business Update
Positive
2026-11-05 18:16
- National Company Law Tribunal (NCLT), Mumbai Bench, sanctioned the Scheme of Arrangement for the merger and absorption of Hinduja Leyland Finance Limited (HLFL) into NDL Ventures Limited via its order dated November 3, 2026.
- HLFL will dissolve without winding up and cease to be a material subsidiary of Ashok Leyland, while NDL Ventures will become the material listed subsidiary.
- Share exchange ratio is set at 25 equity shares of NDL (face value ₹10 each) for every 10 equity shares held in HLFL (face value ₹10 each).
- Ashok Leyland's shareholding will dilute from 61.12% in HLFL to 59.64% in NDL Ventures.
Business Update
Positive
2026-11-05 18:16
- National Company Law Tribunal (NCLT), Mumbai Bench, sanctioned the Scheme of Arrangement for the merger of Hinduja Leyland Finance Limited (HLFL) into NDL Ventures Limited on November 3, 2026.
- Under the scheme, 25 equity shares of NDL Ventures will be issued for every 10 equity shares held in HLFL.
- HLFL will dissolve without winding up and cease to be a material subsidiary of Ashok Leyland, while NDL Ventures will become the material listed subsidiary.
- Ashok Leyland's shareholding will dilute from 61.12% in HLFL to 59.64% in NDL Ventures.
Business Update
Positive
2026-11-05 18:15
- National Company Law Tribunal (NCLT), Mumbai Bench, sanctioned the Scheme of Arrangement for the merger and absorption of Hinduja Leyland Finance Limited (HLFL, material subsidiary) into NDL Ventures Limited via order dated November 3, 2026.
- Upon the scheme becoming effective, HLFL will dissolve without winding up, and NDL Ventures will become the material listed subsidiary of Ashok Leyland Limited.
- Share exchange ratio is set at 25 equity shares of ₹10 each of NDL Ventures for every 10 equity shares of ₹10 each held in HLFL.
- Ashok Leyland's shareholding will dilute from 61.12% in HLFL to 59.64% in NDL Ventures post-restructuring.
Governance
Neutral
2026-11-03 17:20
- Board meeting scheduled on Saturday, November 14, 2026.
- To consider and approve unaudited standalone and consolidated financial results for Q2 and H1 ended September 30, 2026.
- Trading window remains closed until 48 hours post declaration of results.
Business Update
Positive
2026-11-02 08:35
- Ashok Leyland reported total vehicle sales (Domestic + Exports) of 21,888 units in October 2026, registering a 23% increase compared to 17,820 units in October 2025.
- Total M&HCV sales stood at 13,927 units, up 28% YoY from 10,865 units.
- Cumulative total vehicle sales for FY27 reached 135,328 units, a 22% growth over the previous year.
Business Update
Positive
2026-11-02 08:27
- Ashok Leyland announced monthly sales figures for October 2026.
- Total domestic vehicle sales increased by 24% YoY to 20,224 units compared to 16,314 units in October 2025.
- Total domestic + exports vehicle sales grew by 23% YoY to 21,888 units compared to 17,820 units in October 2025.
- M&HCV Trucks domestic sales surged by 39% YoY to 11,102 units.
Governance
Negative
2026-10-22 16:37
CRITICAL RED FLAG DETECTED
- Mr. Raja Radhakrishnan, Head - Special Projects – Human Resource and Senior Management Personnel (President & CHRO), has resigned from Ashok Leyland Limited.
- Resignation effective from the close of business hours of October 21, 2026.
- Reason for resignation: To pursue entrepreneurial aspirations.
Governance
Neutral
2026-10-22 16:35
- Mr. Raja Radhakrishnan, Senior Management Personnel and Head - Special Projects – Human Resource (President & CHRO), has resigned from Ashok Leyland Limited.
- Resignation effective from the close of business hours of October 21, 2026, to pursue entrepreneurial ventures.
- Offered to assist with a smooth transition until the end of 2026.
Financials
Positive
2026-10-09 15:43
- ICRA Limited has reaffirmed the credit ratings for Ashok Leyland Limited across various instruments totaling ₹7,379.38 crores.
- Commercial Paper rating reaffirmed at [ICRA]A1+ (Rated Amount: ₹2,000.00 Cr).
- Non-Convertible Debentures and various long-term/short-term fund and non-fund based limits reaffirmed at [ICRA]AA+ (Stable) / [ICRA]A1+.
Business Update
Positive
2026-10-09 15:38
- ICRA Limited has reaffirmed the credit ratings for Ashok Leyland Ltd's various debt instruments and bank facilities amounting to ₹7,379.38 Crores.
- Commercial paper rating reaffirmed at [ICRA]A1+ (Rated Amount: ₹2,000.00 Cr).
- Non-Convertible Debentures and Long-term/Short-term fund and non-fund based limits reaffirmed at [ICRA]AA+ (Stable) / [ICRA]A1+.
Business Update
Positive
2026-10-01 12:53
- Ashok Leyland reported total monthly sales of 24,049 units in September 2026, an increase of 28% YoY compared to 18,813 units in September 2025.
- Total M&HCV sales (Domestic + Exports) stood at 16,188 units, up 37% YoY.
- LCV sales for the month grew by 12% YoY to 7,861 units.
- Cumulative total vehicle sales for FY27 reached 1,13,440 units, a growth of 22% YoY.
Business Update
Positive
2026-10-01 12:52
- Ashok Leyland reported total vehicle sales of 24,049 units for September 2026, registering a 28% growth YoY compared to 18,813 units in September 2025.
- Domestic total vehicle sales stood at 22,157 units, up 29% YoY.
- Total M&HCV sales (Domestic + Exports) grew by 37% YoY to 16,188 units for the month.
Routine
Neutral
2026-09-24 16:22
- Trading window closure for Designated Persons and their immediate relatives effective from October 1, 2026.
- Closure will remain in place until 48 hours after the declaration of unaudited financial results for the quarter and half-year ending September 30, 2026.
Business Update
Neutral
2026-09-22 09:55
- CARE Ratings Limited has reaffirmed credit ratings for Ashok Leyland's various facilities totaling ₹6,000 Cr.
- Long Term / Short Term Bank Facilities of ₹3,700 Cr reaffirmed at CARE AA+; Stable / CARE A1+.
- Short Term Bank Facilities of ₹300 Cr reaffirmed at CARE A1+.
- Commercial Paper of ₹2,000 Cr reaffirmed at CARE A1+.
- Ratings for certain unavailed and/or repaid facilities were withdrawn.
Business Update
Neutral
2026-09-22 09:53
- CARE Ratings Limited has reaffirmed Ashok Leyland's credit ratings for various facilities totaling ₹6,000 Cr.
- Long Term / Short Term Bank Facilities are reaffirmed at CARE AA+; Stable / CARE A1+.
- Short Term Bank Facilities and Commercial Paper are reaffirmed at CARE A1+.
- Ratings were withdrawn for facilities not availed and/or repaid.
Business Update
Neutral
2026-09-16 18:21
- Investor Meeting Schedule
- Meeting Details: CLSA 33rd Investor Forum 2026
- Meeting Date: 23rd September 2026
- Meeting Time: 09.30 to 17.50 hrs. HKT
- Venue: Grand Hyatt, 1 Harbour Road, Wan Chai, Hong Kong
Business Update
Neutral
2026-09-16 18:19
- Concall Schedule: Ashok Leyland to participate in Bank of America 2026 Asia Pacific Conference.
- Concall Date: 22nd September 2026.
- Concall Time: 10.00 to 16.50 hrs. HKT.
Business Update
Neutral
2026-09-16 18:17
- Investor Meeting Schedule
- Meeting Date: 21st September 2026
- Meeting Time: 10.00 to 18.00 hrs. IST
Business Update
Neutral
2026-09-16 18:14
- Concall Schedule
- Concall Date: 23rd September 2026
- Concall Time: 09.30 to 17.50 hrs. HKT
- Event: CLSA 33rd Investor Forum 2026
- Venue: Grand Hyatt, 1 Harbour Road, Wan Chai, Hong Kong
Business Update
Neutral
2026-09-16 18:10
- Investor Meeting Schedule: Ashok Leyland to attend Bank of America 2026 Asia Pacific Conference
- Meeting Date: 22nd September 2026
- Meeting Time: 10.00 to 16.50 hrs. HKT
- Venue: Island Shangri-la Hong Kong
- Mode: Physical
Business Update
Neutral
2026-09-16 18:06
- Concall Schedule
- Concall Date: 21st September 2026
- Concall Time: 10.00 to 18.00 hrs. IST
Business Update
Neutral
2026-09-07 16:11
- Concall Schedule
- Concall Date: 11th September 2026
- Concall Time: 11.00 to 16.30 hrs. IST
- Event: UBS India Summit 2026 (Physical meeting)
Business Update
Neutral
2026-09-07 16:08
- Concall Schedule
- Concall Date: 11th September 2026
- Concall Time: 11.00 to 16.30 hrs. IST
Business Update
Positive
2026-09-01 13:09
- Ashok Leyland reported total vehicle sales of 21,038 units (Domestic + Exports) in August 2026, marking a 38% increase year-on-year compared to August 2025 (15,239 units).
- Cumulative total vehicle sales for April-August 2026 stood at 89,391 units, up 20% year-on-year from 74,541 units in the same period last year.
- M&HCV Truck sales (Domestic + Exports) for August 2026 grew by 60% year-on-year to 10,748 units.
Business Update
Positive
2026-09-01 13:07
- Ashok Leyland reported a 38% YoY increase in total vehicle sales (Domestic + Exports) for August 2026, reaching 21,038 units compared to 15,239 units in August 2025.
- Cumulative sales (Domestic + Exports) for the period increased by 20% YoY, totaling 89,391 units in August 2026 compared to 74,541 units in August 2025.
- M&HCV Trucks sales (Domestic + Exports) saw a significant increase of 60% YoY for the month and 32% cumulatively.
- LCV sales (Domestic + Exports) grew by 25% YoY for the month and 23% cumulatively.
Business Update
Neutral
2026-08-31 17:42
- Investors Meeting Schedule
- Date: September 4, 2026
- Time: 15:00 to 16:30 hrs. IST
- Venue: Ashok Leyland Corporate Office, Guindy, Chennai
- Host: ICICI Securities Auto Tour
Business Update
Neutral
2026-08-31 17:30
- Investor Meeting Schedule
- Date: September 4, 2026
- Time: 15.00 to 16.30 hrs. IST
- With: ICICI Securities Auto Tour
- Venue: Ashok Leyland Corporate Office, Guindy, Chennai
Financials
Positive
2026-08-21 10:53
- Q1 FY27 Consolidated Revenue ₹9,634Cr vs ₹8,758Cr (▲10% YoY)
- EBITDA ₹970Cr vs ₹970Cr (Flat YoY)
- PAT ₹609Cr vs ₹591Cr (▲3% YoY)
- EBITDA Margin 10.1% vs 11.1% (▼100bps)
- Achieved record high CV volume, revenue, profit, and cash surplus for Q1 FY27.
- Domestic MHCV truck volume increased 15% YoY; LCV offtake volume increased 21% YoY.
- Outlook: Commodity costs expected to peak in Q2 and soften from Q3/Q4; company implementing price hikes and cost savings.
- Net cash position strengthened to ₹2,252Cr (▲₹1,431Cr YoY); EV subsidiary Switch Mobility has a healthy order book of 2,100 e-buses.
Routine
Neutral
2026-08-21 10:37
New Filing detected. See link for details.
Governance
Positive
2026-08-17 15:12
- The voting results of the 77th Annual General Meeting (AGM) held on August 14, 2026, were submitted on August 17, 2026.
- All 7 resolutions were passed with the requisite majority.
- Key resolutions included the adoption of financial statements for FY26, confirmation of a total dividend of ₹3.50 per equity share for FY26, and re-appointment/appointment of directors.
Governance
Positive
2026-08-14 18:30
- 77th Annual General Meeting held on August 14, 2026.
- Adopted Audited Standalone and Consolidated Financial Statements for FY ended March 31, 2026.
- Confirmed total final dividend of ₹3.50 per equity share (₹1 + ₹2.50) for FY ended March 31, 2026.
- Re-appointed Mr. Dheeraj G Hinduja as Executive Chairman.
- Appointed Mr. K M Balaji as Whole-time Director and Chief Financial Officer.
Business Update
Positive
2026-08-14 13:29
- Board approved investments of up to GBP 25 million (approx. ₹325 Cr) in Optare Plc. UK, a subsidiary, for equity.
- Also approved investment of up to ₹500 Cr in Hinduja Housing Finance Limited, a step-down subsidiary, via secondary purchase of shares.
- These investments are aimed at supporting business growth and are expected to be value accretive, with completion targeted by March 31, 2027.
Business Update
Positive
2026-08-14 13:27
- Board of Directors approved two investments.
- Investment 1: Up to GBP 25 million (approximately ₹325 Crore) in Optare Plc, UK, a subsidiary, increasing shareholding to 93.49% post-allotment. Optare Plc is in the business of manufacturing buses and commercial vehicles.
- Investment 2: Up to ₹500 Crore in Hinduja Housing Finance Limited (HHFL), a step-down subsidiary, via secondary purchase of shares from Hinduja Leyland Finance Limited. HHFL is an affordable housing finance company.
- The investment in HHFL is expected to generate funds for HLFL's business growth, indirectly aiding Ashok Leyland's Commercial Vehicle sales, and is deemed value accretive.
Governance
Neutral
2026-08-14 13:23
- Ashok Leyland's existing statutory auditors, Price Waterhouse & Co. LLP, will complete their 10-year tenure at the conclusion of the 78th Annual General Meeting in 2027.
- The Board has approved the appointment of M/s Deloitte Haskins & Sells LLP as the new statutory auditors for a period of 5 years (2027-2032), subject to shareholder approval.
Governance
Neutral
2026-08-14 13:21
- Ashok Leyland's current auditors, Price Waterhouse & Co., will complete their 10-year tenure at the 78th Annual General Meeting (AGM) in 2027.
- The Board has approved the appointment of Deloitte Haskins & Sells as the new statutory auditors for a 5-year period from the conclusion of the 78th AGM (2027) till the 83rd AGM (2032), subject to shareholder approval.
Financials
Positive
2026-08-14 13:13
- Q1 FY27 Consolidated Revenue ₹13,069.59Cr vs ₹11,708.54Cr (▲11.6% YoY)
- EBITDA ₹2,416.21Cr vs ₹2,177.88Cr (▲10.9% YoY)
- PAT ₹615.81Cr vs ₹611.07Cr (▲0.8% YoY)
- EBITDA Margin 18.49% vs 18.60% (▼11bps)
Financials
Positive
2026-08-14 13:08
- Q1 FY27 Consolidated Revenue ₹13,069.59Cr vs ₹11,708.54Cr (▲11.63% YoY)
- EBITDA ₹2,416.21Cr vs ₹2,177.88Cr (▲10.94% YoY)
- PAT ₹667.77Cr vs ₹657.72Cr (▲1.53% YoY)
- EBITDA Margin 18.49% vs 18.60% (▼11bps)
Business Update
Neutral
2026-08-10 19:53
- Concall Schedule
- Concall Date: Friday, August 14, 2026
- Concall Time: 05:15 P.M. (IST)
- Purpose: To discuss 1QFY27 results.
Business Update
Positive
2026-08-10 19:27
- Ashok Leyland allotted 30,000 Unsecured, listed Non-Convertible Debentures (NCDs) aggregating ₹300 Crores.
- The NCDs have a 2-year tenure with a 7.50% p.a. fixed coupon rate and are rated "AA+" by ICRA with a Stable outlook.
Business Update
Neutral
2026-08-06 12:03
- Concall Schedule
- Concall Date: Friday, August 14, 2026
- Concall Time: 05:30 P.M. (IST)
Business Update
Positive
2026-08-03 11:08
- Hinduja Leyland Finance Limited's (subsidiary) Unsecured Creditors approved the Scheme of Merger by Absorption with NDL Ventures Limited on July 30, 2026, with 100% votes in favor.
Business Update
Positive
2026-08-03 08:32
- Ashok Leyland's total vehicle sales (Domestic + Exports) for July 2026 increased by 30% YoY to 19,590 units.
- Cumulative sales for April-July 2026 grew by 15% YoY to 68,353 units.
Business Update
Neutral
2026-07-27 11:33
- Ashok Leyland's associate, Ashok Leyland John Deere Construction Equipment Company Private Limited (ALJD), has been voluntarily liquidated.
- The final order of dissolution has been received, concluding a liquidation process that was ongoing for several years with NCLT.
- ALJD ceases to be an associate of Ashok Leyland Limited.
Governance
Positive
2026-07-20 17:46
- Submission of the Annual Report for the financial year 2025-26.
- The 77th Annual General Meeting (AGM) is scheduled for August 14, 2026, at 02:30 p.m.
- Company reported record performance in FY26, with 14% YoY revenue growth and 8% YoY PAT growth, and a positive future outlook.
Governance
Neutral
2026-07-16 10:10
- Ashok Leyland announced a change in the scheduled time for its 77th Annual General Meeting (AGM).
- The AGM will now be held on August 14, 2026, at 02:30 P.M. (IST) instead of 03:00 P.M. (IST).
- All other details regarding the AGM remain unchanged.
Business Update
Positive
2026-07-13 12:43
- Ashok Leyland received an Arbitral Award of ₹222.65 Crore plus 10% interest and ₹2.96 Crore legal costs from Delhi Transport Corporation (DTC).
- The Arbitral Tribunal rejected DTC's entire ₹136 Crore counterclaim.
- The award relates to claims for buses supplied by AL to DTC between 2009-2011.
Business Update
Positive
2026-07-01 12:39
- Ashok Leyland reported total vehicle sales of 19,194 units in June 2026, a 25% increase year-on-year from 15,333 units in June 2025.
- Domestic sales grew 26% YoY to 17,912 units.
Routine
Neutral
2026-06-26 15:53
- Ashok Leyland announced the closure of its trading window for Designated Persons and their immediate relatives.
- The window will be closed from July 1, 2026, until 48 hours after the unaudited financial results for the quarter ended June 30, 2026, become generally available.
Business Update
Neutral
2026-06-06 22:44
- Investor Meeting Schedule
- Meeting Details: INVESTEC India Auto Tour 2026 with various funds/investors.
- Meeting Date: June 10, 2026 - Wednesday
- Meeting Time: 10.00 to 18.00 hrs. IST
- Mode: Physical, at Ashok Leyland Limited, Chennai.
Business Update
Positive
2026-06-04 21:39
- FY'26 was a milestone year, achieving all-time high CV volume, revenue, profit, and cash surplus. A second interim dividend of ₹2.50 per share was declared. Net cash position strengthened to ₹5,899 crores. Switch Mobility India achieved net profitability in FY'26.
- Outlook for FY'27 is cautiously optimistic. While macroeconomic headwinds like rising commodity and diesel prices pose challenges, underlying CV demand is expected to remain resilient, particularly in infrastructure and mining-related segments (tipper, multi-axle).
- Price hikes of 1-1.5% have been implemented to offset rising commodity costs, alongside continuous cost-saving efforts. Q1 FY'27 margins are expected to face commodity cost pressures.
- Planned Capex for FY'27 is ₹750-1,000 crores, primarily for new products, EV, and future technology. A battery pack manufacturing facility in Chennai is under development, with production targeted for Q2 next year.
- The defense business has a strong order book of over ₹1,500 crores, with strong growth anticipated for the next 2-3 years.
Business Update
Positive
2026-06-02 17:34
- Ashok Leyland's credit ratings reaffirmed by ICRA Limited for various instruments, totaling ₹7,479.38 Cr.
- Commercial paper reaffirmed at [ICRA]A1+.
- Non-convertible debentures and long-term facilities reaffirmed at [ICRA]AA+ (Stable) / [ICRA]A1+.
- A proposed Non-Convertible Debenture was assigned [ICRA]AA+ (Stable).
Business Update
Neutral
2026-06-01 14:25
Ashok Leyland reported total vehicle sales of 14,923 units in May 2026, a 4% decrease compared to 15,484 units in May 2025. Cumulative sales for April-May 2026 grew by 2% to 29,569 units, up from 28,905 units in the previous year. The M&HCV segment experienced a 13% decline in May, while the LCV segment showed robust growth of 15%.
Governance
Positive
2026-05-28 17:38
Ashok Leyland's Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, appointed Mr. K M Balaji as Whole-Time Director & CFO for a period of two years, effective May 28, 2026. The appointment is subject to shareholder approval. Mr. Balaji, currently the company's President, Finance & CFO, has 32 years of experience and was awarded Leading CFO of the year 2024-25.
Business Update
Positive
2026-05-28 17:18
Ashok Leyland's Board of Directors, at its meeting held on May 28, 2026, approved the incorporation of a Wholly-owned subsidiary company in Indonesia. The move is subject to applicable laws and regulatory approvals.
Governance
Neutral
2026-05-28 17:18
Ashok Leyland Limited's Board of Directors has re-appointed Mr. Dheeraj G Hinduja as Executive Chairman for a period of three years, effective November 26, 2026. The re-appointment is subject to shareholder and other regulatory approvals.
Governance
Neutral
2026-05-28 15:33
The Board of Directors of Ashok Leyland Limited approved the convening of the 77th Annual General Meeting of shareholders on Friday, August 14, 2026, through Video Conferencing / Other Audio-Visual means.
Governance
Neutral
2026-05-28 15:19
Ashok Leyland's Board of Directors, at their meeting on May 28, 2026, approved in-principle the issuance of Non-Convertible Debentures (NCDs) aggregating up to ₹300 Crores. The NCDs will be issued in one or more tranches/series via a Private Placement basis. The Fund-Raising Committee is authorized to finalize the terms and conditions.
Financials
Positive
2026-05-28 15:08
Ashok Leyland reported strong consolidated financial results for the quarter ended March 31, 2026. Consolidated Revenue stood at ₹17,246 Cr compared to ₹14,696 Cr in the previous year's quarter (▲17.4% YoY). EBITDA was ₹3,324 Cr vs ₹2,892 Cr (▲14.9% YoY), and Net Profit (PAT) was ₹1,381 Cr vs ₹1,246 Cr (▲10.9% YoY). The EBITDA Margin saw a slight contraction to 19.3% from 19.7% (▼40 bps). The Board also declared a second interim dividend of ₹2.50 per equity share for FY 2025-26.
Financials
Positive
2026-05-28 15:08
Consolidated Revenue ₹17,246.44Cr vs ₹14,695.55Cr (▲17.36% YoY), EBITDA ₹3,323.54Cr vs ₹2,891.57Cr (▲14.94% YoY), PAT ₹1,381.32Cr vs ₹1,245.92Cr (▲10.87% YoY). EBITDA Margin 19.27% vs 19.68% (▼41bps). The Board also declared a Second Interim Dividend of ₹2.50 per equity share for the financial year ended March 31, 2026.
Financials
Positive
2026-05-28 15:05
Ashok Leyland Limited reported consolidated financial results for the quarter ended March 31, 2026. Consolidated Revenue stood at ₹17,246.44 Cr vs ₹14,695.55 Cr (▲17.4% YoY), EBITDA was ₹3,323.54 Cr vs ₹2,891.57 Cr (▲14.9% YoY), and PAT was ₹1,381.32 Cr vs ₹1,245.92 Cr (▲10.9% YoY). EBITDA Margin was 19.3% vs 19.7% (▼40 bps). The Board also declared a Second Interim Dividend of ₹2.50 per equity share for FY26, to be paid on or before June 26, 2026.
Business Update
Neutral
2026-05-26 16:56
Ashok Leyland has intimated a schedule of physical investor meetings with several funds/investors from June 2 to June 5, 2026, at various venues including Taj Mahal Hotel, Taj Lands End, and Grand Hyatt. No presentation is intended to be made during these meetings.
Business Update
Neutral
2026-05-25 18:43
Ashok Leyland Limited announced a revision in the timing for its 4QFY26 Earnings Call for analysts and investors. Originally scheduled for 15:30 IST, the call will now be held at 16:00 IST on Thursday, May 28, 2026. The call will be attended by Mr. Shenu Agarwal (MD & CEO) and Mr. K.M. Balaji (President Finance & CFO).
Financials
Positive
2026-05-25 17:50
Ashok Leyland announced that its Board of Directors will meet on May 28, 2026, to consider and approve a 2nd interim dividend for the financial year 2025-26. If declared, the record date for the dividend will be Wednesday, June 3, 2026. The trading window for designated persons remains closed from April 1, 2026, until 48 hours after the audited financial results for FY 2025-26 are made public.
Business Update
Positive
2026-05-25 14:50
Order Win: Ashok Leyland won an order for 715 vehicles from VRL Logistics. The order includes AVTR 3120 haulage trucks, BOSS 1615 trucks, and Oyster staff buses. 300 trucks have already been delivered, and the remaining 415 are scheduled for execution in the current year (2026).
Governance
Neutral
2026-05-23 18:40
Ashok Leyland informed that Mr. Gopal Mahadevan, Whole Time Director and Director - Strategic Finance and M&A, ceased to be a director effective May 23, 2026, following the completion of his tenure.
Governance
Neutral
2026-05-23 18:40
Ashok Leyland announced that Mr. Gopal Mahadevan, a Senior Management Personnel, will superannuate from the company on May 31, 2026. This intimation is made pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
Business Update
Positive
2026-05-20 19:21
Ashok Leyland's material subsidiary, Hinduja Leyland Finance Limited (HLFL), has received a 'No-objection / No Adverse Observation Letter' from BSE Limited on May 18, 2026, for its proposed Scheme of Merger by Absorption into NDL Ventures Limited. This letter signifies a crucial regulatory approval, though the scheme remains subject to other statutory and regulatory approvals, including from NCLT and shareholders. The observation letter is valid for six months from its issue date.
Business Update
Neutral
2026-05-19 19:48
Ashok Leyland Limited has informed the stock exchanges about the schedule of its Conference Call for analysts and investors. The call is scheduled for Thursday, May 28, 2026, at 3:30 PM (IST) to discuss the 4QFY26 Earnings.
Ownership
Neutral
2026-05-11 17:42
Ashok Leyland Limited has intimated the transfer of 1000 equity shares in physical mode from transferor Mythili R to transferees Giridhar Gupta and Somisetty, under folio number 41443, along with their distinctive share numbers. The transferred shares will be subject to a 6-month lock-in period from May 8, 2026, the date of registration of transfer. This intimation is in compliance with SEBI Circular No. SEBI/HO/MIRSD/DOS3/CIR/P/2018/139.
Business Update
Positive
2026-05-04 09:06
Ashok Leyland reported a 9% year-on-year increase in total vehicle sales (Domestic + Exports) for April 2026, reaching 14,646 units compared to 13,421 units in April 2025. Domestic sales grew by 14% to 14,242 units, with M&HCV Trucks seeing a 15% rise domestically, while M&HCV Bus sales declined by 22% domestically.
Governance
Neutral
2026-04-21 17:07
Ashok Leyland announced the appointment of Mr. Ajay Pratap Singh as the General Counsel, categorized as Senior Management Personnel (SMP), effective April 21, 2026, under Regulation 30 of SEBI Listing Regulations.
Routine
Neutral
2026-04-08 07:11
Ashok Leyland submitted the confirmation certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended March 31, 2026, confirming proper handling of dematerialized and rematerialized shares.
Business Update
Positive
2026-04-01 14:11
Ashok Leyland reported total vehicle sales (Domestic + Exports) of 25,381 units in March 2026, up 5% YoY from 24,060 units in March 2025. Cumulative sales for the period ended March 2026 were 2,20,437 units, marking a 13% increase YoY.
Governance
Positive
2026-03-27 19:27
Ashok Leyland announced the appointment of Dr. Gayatri Vyas Dadheech as President, Battery Business, categorized as Senior Management Personnel (SMP), effective March 27, 2026. She brings 29 years of R&D experience in electrochemical storage.
Business Update
Positive
2026-03-20 17:48
Ashok Leyland approved an investment of up to GBP 30 million (₹375 Crs) in its UK subsidiary, Optare Plc., for business requirements. Optare Plc., engaged in EV initiatives, saw revenue grow from ₹229.72 Cr in FY22-23 to ₹1,232.59 Cr in FY24-25.
Business Update
Neutral
2026-03-16 12:38
Ashok Leyland clarified on Feb 12, 2026, regarding a recent Economic Times article, stating that the company does not respond to market speculations. They also asserted that any share price change has no connection to such speculation and that they will always disclose material information.
Business Update
Positive
2026-03-11 15:49
Ashok Leyland announced the ground-breaking of a new greenfield battery pack manufacturing facility at Pillaipakkam, Tamil Nadu, with an investment of Rs. 400-500 Cr. This reinforces its commitment to advancing India's electric mobility ecosystem and net-zero emissions goals.
Business Update
Neutral
2026-03-08 20:12
Ashok Leyland clarified a news article in Economic Times (March 6, 2026), stating the discussed announcement was made via a press conference but does not constitute a material event under SEBI Regulation 30(11). The company attributes share price changes to general market conditions.
Business Update
Positive
2026-03-02 08:39
Ashok Leyland reported strong sales figures for February 2026. Total vehicles (Domestic + Exports) increased by 24% year-on-year to 22,157 units for the month. Cumulative sales rose 14% year-on-year to 1,95,056 units.
Business Update
Positive
2026-02-19 21:17
Ashok Leyland's material subsidiary, Hinduja Leyland Finance Limited, received approval from the Competition Commission of India (CCI) on February 17, 2026, for its scheme of merger by absorption into NDL Ventures Limited (formerly NXTDIGITAL Limited).
Business Update
Neutral
2026-02-19 16:14
Ashok Leyland announced a virtual conference call/investor meeting with BNP Paribas Asia Autos Days and other funds/investors on February 26, 2026, from 14:30 to 16:00 hrs IST via MS Teams. No presentation is intended.
Business Update
Neutral
2026-02-19 16:12
Ashok Leyland informed about a physical Investors' Meeting at the IIFL 17th Enterprising India Global Investors' Conference on February 25, 2026, from 11:00 to 17:00 hrs IST at Trident BKC, Mumbai. No presentation will be made.
Business Update
Neutral
2026-02-19 16:10
Ashok Leyland intimated the schedule for an Investors Meeting at the 'Chasing Growth – Kotal Investor Conference 2026' on February 24, 2026, from 10:00 to 17:00 hrs IST, to be held physically at Grand Hyatt, Kalina, Mumbai.
Business Update
Neutral
2026-02-19 11:22
Ashok Leyland announced the voluntary liquidation of its step-down subsidiary, Ashok Leyland West Africa SA, on February 19, 2026. The company clarified that this is not a material subsidiary and has ceased to be a subsidiary upon completion of the liquidation process.
Financials
Positive
2026-02-17 16:42
Ashok Leyland reported Q3 FY'26 results with Revenue ₹11,534Cr vs ₹9,477Cr (▲21.7% YoY), EBITDA ₹1,535Cr vs ₹1,212Cr (▲26.7% YoY), and PAT (before exceptional items) ₹1,105Cr vs ₹762Cr (▲45% YoY). EBITDA Margin was 13.3% vs 12.8% (▲50bps).
Business Update
Neutral
2026-02-12 10:09
Ashok Leyland responded to an Economic Times article dated February 11, 2026, stating that the company does not respond to market speculations. It clarifies that share price changes are unrelated to the speculation and urges stakeholders to disregard any misleading information, assuring timely disclosure of material facts.
Routine
Neutral
2026-02-11 16:06
New Filing detected. See link for details.
Financials
Neutral
2026-02-11 13:46
Consolidated Revenue ₹14,830.24Cr vs ₹11,995.21Cr (▲23.63% YoY), EBITDA ₹2,501.52Cr vs ₹2,346.26Cr (▲6.62% YoY), PAT ₹862.24Cr vs ₹819.67Cr (▲5.20% YoY). EBITDA Margin 16.87% vs 19.56% (▼269bps).
Business Update
Neutral
2026-02-09 09:53
Ashok Leyland announced an investor conference, 'Advantage India – AXIS Capital Investor Conference 2026,' scheduled for February 12, 2026, from 11:00 to 18:00 IST at Trident BKC, Mumbai. Various funds/investors will participate in physical hourly meetings.
Routine
Neutral
2026-02-03 21:29
New Filing detected. See link for details.
Business Update
Positive
2026-02-01 14:08
Ashok Leyland reported a 27% year-on-year increase in total vehicle sales (Domestic + Exports) for January 2026, reaching 21,920 units. Cumulative sales for the year also grew by 13% to 172,899 units.
Governance
Neutral
2026-01-27 14:53
Ashok Leyland has appointed Mr. Jasmeet Bhatia as President & Head – Human Resources, effective January 27, 2026. Mr. Raja Radhakrishnan, the current HR head, will now manage Special Projects within Ashok Leyland / Hinduja Group.