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Company News Details

Ashok Leyland Ltd
Industry :  Automobiles - LCVs / HCVs
BSE Code
ISIN Demat
Book Value()
500477
INE208A01029
39.2259006
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
ASHOKLEY
21.97
71108.01
EPS(TTM)
Face Value()
Div & Yield %
11.02
1
2.58
 

ashok leyl& ltd
Ashok Leyland arm Optare Plc. UK hikes stake in Switch Mobility, UK
Jun 04,2025

Optare Plc. UK, (Buyer - Subsidiary of Ashok Leyland) has entered into a Share Purchase Agreement with Dana (Seller), for purchase of their 1.01% stake in Switch Mobility, UK (SML UK).

Post this acquisition, Optare Plc's shareholding in SML UK would increase from 98.56% to 99.57% and consequently, Optare Plc. UK along with Hinduja Automotive, UK, will hold 100% in SML UK.

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