Ashok Leyland’s board has approved the issuance of secured, rated, listed, redeemable Non-Convertible Debentures (NCDs) aggregating upto Rs 250 crore on a private placement basis in one or more tranches/series. The Board of Directors of the company at their meeting held on February 11, 2022 has approved the same.
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.
| Company Name | CMP |
|---|---|
| Ashok Leyland | 176.00 |
| Force Motors | 22119.40 |
| Olectra Greentech | 1209.25 |
| Tata Motors | 435.55 |
| SML Mahindra | 4300.00 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: