Ashok Leyland acquires balance 38% stake in Hinduja Tech

Ashok Leyland has entered into a Share Purchase Agreement with Nissan International Holding BV to acquire 58,500,000 shares for a total consideration of Rs.70.20 crore constituting 38% in the paid-up share capital of Hinduja Tech (HTL). Consequent to the aforesaid acquisition, HTL will become a wholly owned subsidiary of the Company.

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