Ashok Leyland Credit Rating
CARE Ratings reaffirmed Ashok Leyland's credit ratings on ₹6,000 Crore of debt facilities. Long-term bank facility and NCD ratings were withdrawn for unavailed or repaid amounts.
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CARE Ratings reaffirmed Ashok Leyland's credit ratings on ₹6,000 Crore of debt facilities. Long-term bank facility and NCD ratings were withdrawn for unavailed or repaid amounts.
Ashok Leyland reported total sales of 21,038 units for August 2026, marking a 38% year-on-year growth. Domestic sales grew 43% to 19,438 units, driven by strong demand in the M&HCV segment.
Ashok Leyland achieved record Q1 performance with all-time high volumes and revenue. Management is focused on premiumization, cost-saving projects like 'Achieve 2K', and diversifying into non-MHCV segments to reduce cyclical dependency.
Ashok Leyland held its 77th Annual General Meeting on August 14, 2026. Shareholders transacted ordinary business, including the adoption of financial statements and final dividend confirmation.
Ashok Leyland Limited is acquiring additional stake in its UK-based subsidiary, Optare Plc, for a cash consideration not exceeding ₹325 Crore.
Ashok Leyland will acquire an 8.9% stake in Hinduja Housing Finance Limited for a cash consideration of ₹500 Crore.
Ashok Leyland's board approved investments up to ₹325 Crore in subsidiary Optare Plc and ₹500 Crore in Hinduja Housing Finance Limited to strengthen its EV and housing finance presence.
Ashok Leyland has appointed Deloitte Haskins & Sells as Statutory Auditors for five years starting 2027. They replace Price Waterhouse & Co. upon completion of their ten-year tenure.
Ashok Leyland Ltd reported revenue from operations of ₹13,070 Cr (+11.6% YoY) and net profit of ₹667.8 Cr (+1.5% YoY) for Q1 FY27.
Ashok Leyland announced the allotment of non-convertible debt securities. The issuance does not change the company's total paid-up share capital.
Ashok Leyland has completed the allotment of 30,000 unsecured, rated, non-convertible debentures (NCDs) aggregating to ₹300 Crore. The NCDs are issued via private placement.
Ashok Leyland has scheduled a board meeting for August 14, 2026, to approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026.
Ashok Leyland reported sales of 19,590 vehicles for July 2026, marking a 30% increase compared to July 2025. Cumulative sales for the year also grew by 15%.
Associate company Ashok Leyland John Deere Construction Equipment Company Private Limited has been voluntarily liquidated. The company has ceased to be an associate of Ashok Leyland.
Ashok Leyland Ltd has filed its quarterly shareholding pattern pursuant to SEBI regulations. This disclosure provides updated stake details as of June 30, 2026.
Ashok Leyland has submitted its Annual Report for the financial year 2025-26. The 77th Annual General Meeting is scheduled for August 14, 2026.
Ashok Leyland rescheduled its 77th AGM to August 14, 2026, at 02:30 P.M. IST. The meeting time was shifted forward by thirty minutes.
Arbitral Tribunal awarded Ashok Leyland ₹222.65 Crore plus ₹2.96 Crore legal costs. The company is reviewing the award and its financial impact.
Ashok Leyland reported June 2026 sales of 19,194 vehicles, a 25% rise YoY. The update highlights strong growth in both M&HCV and LCV segments.
Ashok Leyland achieved record FY26 performance with all-time high volumes, revenue, and EBITDA. Strategy focuses on premiumization, electric mobility via Switch, and expanding service touchpoints.
Ashok Leyland received credit rating updates from ICRA for ₹7,479.38 Crore in total debt. Ratings were reaffirmed as AA+ (Stable) and A1+, with new assignments.
Ashok Leyland reported total sales of 14,923 units for May 2026, a 4% year-on-year decline. Domestic sales fell 3% while LCV volumes showed 13% growth.
Ashok Leyland declared a second interim dividend of ₹2.50 per share for FY 2025-26. The record date for payment eligibility is June 3, 2026.
Ashok Leyland approved the incorporation of a wholly-owned subsidiary in Indonesia. This strategic move aims to expand the company's international operational footprint.
Ashok Leyland re-appointed Dheeraj G Hinduja as Executive Chairman for three years effective November 2026. The move ensures continuity in strategic leadership for the company.
Ashok Leyland scheduled its 77th Annual General Meeting for August 14, 2026, via video conferencing. The board approved the meeting date to engage with shareholders virtually.
Ashok Leyland approved the issuance of Non-Convertible Debentures worth ₹300 Crore on a private placement basis. The capital raise strengthens the company's long-term financial position.
Ashok Leyland Ltd reported revenue from operations of ₹17,246 Cr (+17.4% YoY) and net profit of ₹1,381 Cr (+10.9% YoY) for Q4 FY26.
Ashok Leyland approved audited FY26 financial results and declared a ₹2.50 per share interim dividend. Full-year standalone revenue reached ₹44,007 Crore with ₹3,566 Crore PAT.
Ashok Leyland bagged a 715-vehicle order from VRL Logistics, including trucks and buses. This strategic win strengthens their long-term partnership and reinforces Ashok Leyland's market leadership.