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Corporate News
14-Aug-26
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Board of Ashok Leyland approves investment in subsidiaries
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At meeting held on 14 August 2026
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The board of Ashok Leyland at its meeting held on 14 August 2026 has approved the following:
- Investments up to a sum not exceeding GBP 25 million (approximately to Rs 325 crore) in Optare Plc. UK, subsidiary, as equity in one or more tranches.
- Investments up to a sum not exceeding Rs 500 crore in equity
shares of Hinduja Housing Finance, a step-down subsidiary of the Company, by way of secondary purchase of shares from Hinduja Leyland Finance, a material subsidiary, in one or more tranches.
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