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Ashok Leyland invests Rs 18.66 crore in Prathama Solarconnect Energy

17 Feb 2021 Evaluate

Ashok Leyland has invested a total amount of Rs 18.66 crore constituting 26% in the paid-up share capital of Prathama Solarconnect Energy (PSEPL) for purchase of solar power at subsidised rate under Group Captive Scheme. PSEPL is engaged in solar power generation business.

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,a defense and special vehicles.

Peers
Company Name CMP
Tata Motors 397.00
Ashok Leyland 145.70
Force Motors 17360.00
Olectra Greentech 953.00
SML Mahindra 4732.50
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