MoneyWorks4Me

Ashok Leyland informs about disclosure

15 Jun 2021 Evaluate

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Ashok Leyland has informed that Switch Mobility, UK, subsidiary of the Company has acquired the entire shareholding in Switch Mobility Automotive, India on June 14, 2021. In view of the same, Switch Mobility Automotive, India has become a step-down subsidiary of the Company. The details required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are given as an annexure.

The above information is a part of company’s filings submitted to BSE.


Peers
Company Name CMP
Tata Motors 428.15
Ashok Leyland 149.35
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Olectra Greentech 1083.65
SML Mahindra 6087.35
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