Board of Ashok Leyland approves acquisition of upto 19% stake in Hinduja Leyland Finance

Ashok Leyland announced that the Board of Directors have approved to acquire upto 19% additional equity shares in Hinduja Leyland Finance from the existing shareholders, in tranches, for a consideration not exceeding Rs.1200 crore subject to such approvals, consents, sanctions and permissions of the appropriate authorities, as may be necessary.

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