MoneyWorks4Me

ASL becomes wholly owned subsidiary of Ashok Leyland

28 Aug 2013 Evaluate

Ashley Services (ASL) has become a wholly owned subsidiary (WOS) of Ashok Leyland with effect from April 01, 2013, consequent to the amalgamation of Ashley Holdings (AHL), Ashley Investments (AIL) and Ashok Leyland Project Services (ALPS) with ASL.

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.

Peers
Company Name CMP
Tata Motors 426.75
Ashok Leyland 153.00
Force Motors 16600.00
Olectra Greentech 1078.55
SML Mahindra 6359.45
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