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Ashok Leyland informs about updates

04 Jun 2025 Evaluate
Ashok Leyland has informed that Optare Plc. UK, (Buyer - Subsidiary of Ashok Leyland Ltd.,) has entered into a Share Purchase Agreement with Dana.(Seller), for purchase of their 1.01% stake in Switch Mobility Limited, UK (SML UK). Post this acquisition, Optare Plc’s shareholding in SML UK would increase from 98.56% to 99.57% and consequently, Optare Plc. UK along with Hinduja Automotive Limited, UK, will hold 100% in SML UK.

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

Peers
Company Name CMP
Tata Motors 433.30
Ashok Leyland 169.15
Force Motors 19584.35
Olectra Greentech 1025.40
SML Mahindra 5187.60
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