Ashok Leyland allots 806,58,292 equity shares

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Capital Market
Last Updated : Jun 13 2017 | 6:28 PM IST

Under scheme of amalgamation

Ashok Leyland has allotted 806,58,292 equity shares of face value Re.1/- each, fully paid-up to the equity shareholders of Hinduja Foundries as on record date of 07 June 2017 as per the Share Exchange Ratio in terms of the Scheme of Amalgamation.

Consequent to the said allotment, the paid-up share capital of the Company has gone up to Rs.292.65 crore (2926,534,926 equity shares of face value of Re.1/- each).

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First Published: Jun 13 2017 | 6:13 PM IST

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