Corporate News

Board of Ashok Leyland approves investment of up to Rs 700 cr in subsidiaries As On :12-Feb-25 15:52

The Board of Ashok Leyland at its meeting held on 12 February 2025 has approved the following investments:

- To invest upto GBP 45 million (equivalent to Rs. 500 crore) in Optare Plc. UK, subsidiary as equity in one or more tranches

- To invest Rs. Upto 200 crore in Hinduja Leyland Finance Limited, a material subsidiary as equity, in one or more tranches

Powered by Capital Market - Live News