SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Ashok Leyland receives CCI approval to buy Nissan stake in 3 JVs

04 Nov 2016 Evaluate

Ashok Leyland, the commercial vehicle manufacturer, has received approval from fair trade regulator Competition Commission of India (CCI) to buyout its Japanese partner Nissan Motors’ stake in three Joint Ventures (JVs). The joint ventures are Ashok Leyland Nissan Vehicles (ALNVL) for making vehicles; Nissan Ashok Leyland Power Train (NALPT) for manufacturing power trains and Nissan Ashok Leyland Technologies (NALT), which is a technology joint venture.

Earlier in September, Nissan Motors had announced that it would exit the three joint ventures by selling its stake to Ashok Leyland. Post deal, the three entities would become wholly-owned subsidiaries of Ashok Leyland.

Ashok Leyland, the Hinduja Group flagship company in India, is engaged in the manufacturing of commercial vehicles and related components. The company’s products include buses, trucks, engines, defense and special vehicles.



Ashok Leyland Share Price

175.75 1.00 (0.57%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Ashok Leyland 175.75
Force Motors 21919.70
Olectra Greentech 1196.55
Tata Motors 438.25
SML Mahindra 4324.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×