Ashok Leyland share value fell over 2 per cent in Tuesday’s buying and selling session forward of the document date for 1:1 bonus share subject on July 16. At 11 am, the inventory was buying and selling at ₹249.30.
Ashok Leyland shares opened at ₹254 apiece on Tuesday, July 15, as in comparison with earlier shut of ₹252.95 on Monday. At 9:45, the inventory touched an intraday low to ₹249.
On July 9, the corporate introduced that it has set July 16 because the document date for figuring out eligibility for bonus shares. The corporate additionally said that the bonus shares might be allotted on Thursday, July 17.
“ We want to inform that the Allotment Committee has mounted Wednesday, July 16, 2025, because the document date for figuring out the eligible shareholders for allotment of Bonus Shares. Additional, in accordance with SEBI round dated September 16, 2024, the deemed date of allotment of Bonus Shares shall be Thursday, July 17, 2025, and these Bonus Shares might be made accessible for buying and selling on the subsequent working day of allotment i.e. Friday, July 18, 2025,” the corporate mentioned in an change submitting.
Ashok Leyland bonus subject particulars
In Could 2025, Ashok Leyland introduced a 1:1 bonus share subject alongside its March quarter outcomes and dividend declaration. Underneath the bonus scheme, shareholders will obtain one extra share for each share they presently personal — a transfer the corporate final made in 2011.
The board additionally authorised a dividend of ₹4.25 per share, leading to a complete payout of ₹1,248 crore.
For the fourth quarter, Ashok Leyland reported a 38.4 per cent enhance in internet revenue, which rose to ₹1,246 crore from ₹900 crore in the identical interval the earlier yr. This development was aided by a tax credit score of ₹173 crore, which was absent within the year-ago quarter.
Quarterly income grew 5.7 per cent year-on-year to ₹11,906.7 crore, whereas EBITDA reached ₹1,791 crore, reflecting a 12.5 per cent enhance over the earlier yr.
Disclaimer: This story is for instructional functions solely. The views and suggestions above are these of particular person analysts or broking firms, not Mint. We advise traders to test with licensed consultants earlier than making any funding selections.
