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 391.20
Ashok Leyland 141.40
Force Motors 16681.00
Olectra Greentech 955.15
SML Mahindra 4685.00
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