Ashok Leyland completes sale of properties at Chennai

Image
Press Trust of India New Delhi
Last Updated : Aug 19 2014 | 8:25 PM IST
Hinduja Group flagship company Ashok Leyland has completed the sale of residential properties at Chennai for a total consideration of Rs 210, as part of its strategy to sell non-core assets.
The company has completed the sale of the residual section of one of its residential properties at Chennai as part of its strategy to sell non-core assets, Ashok Leyland said in a filing to the BSE today.
"With this transaction, the sale of the entire property stands completed, for a total consideration of Rs 210 crore, the proceeds of which has since been received by the company fully," it added.
Ashok Leyland shares today closed at Rs 37.80 apiece on the BSE, up 7.39 per cent from its previous close.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 19 2014 | 8:25 PM IST

Next Story