| 16-Jul-13 |
| Ashok Leyland Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 10, 2013, inter alia, has recommended a dividend of Rs. 0.60 per share of the face value of Re. 1/- each (60%) and if approved by the shareholders at the Annual General Meeting scheduled to be held on July 16, 2013, the dividend shall be paid commencing from July 17, 2013 and before July 25, 2013. |
| 24-Jul-12 |
| Ashok Leyland Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 14, 2012, inter alia, have recommended a dividend of Re. 1/- per share of the face value of Re. 1/- each (100%), and if approved by the shareholders at the Annual General Meeting scheduled to be held on July 24, 2012, the dividend shall be paid commencing from July 25, 2012 and before July 31, 2012.
Ashok Leyland Ltd has informed BSE that the 63rd Annual General Meeting (AGM) of the Company will be held on July 24, 2012.
(As Per BSE Announcement Dated on 02.07.2012)
Ashok Leyland Ltd has submitted to BSE a copy of Minutes of the 63rd Annual General Meeting (AGM) of the Company was held on July 24, 2012.
(As Per BSE Announcement Dated on 24.08.2012) |
| 19-Jul-11 |
| Ashok Leyland Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 19, 2011, inter alia, has recommended a dividend of Rs. 2/- per share of the face value of Re 1/- each (200%), and if approved by the shareholders at the Annual General Meeting scheduled to be held on July 19, 2011, the dividend shall be paid commencing from July 20, 2011 and before July 25, 2011.
Ashok Leyland Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on July 19, 2011 inter alia, have accorded to the following: -
Accorded to the Board of Directors of the Company (the Board, which term shall be deemed to include any Committee thereof) for capitalization of Rs. 13303.38 lakhs standing to the credit of the Securities Premium Account of the Company, by way of issue of Bonus Shares of Re. 1/- (Rupee One) each, credited as fully paid-up Equity Shares to the holders of the Equity Shares and to the Custodian for holders of Global Depository Receipts(GDRs) of the Company, whose names shall appear in the Register of Members or in the respective beneficiary account with their respective Depository Participants, on the Record Date to be fixed in the proportion of 1 (one) Bonus Share(s) of Re. 1/- (Rupee one) each for every 1 (one) fully paid-up Equity Share of Re. 1/- (Rupee one) each held by them and that the Bonus Shares so distributed shall, for all purposes, be treated as an increase in the nominal amount in the Capital of the Company held by each such member, and not as income.
(As Per BSE Announcement Website dated on 21.07.2011)
Ashok Leyland Ltd has informed BSE that the members at the 62nd Annual General Meeting (AGM) of the Company held on July 19, 2011, inter alia, have accorded to the following:
1. Adoption of the audited Balance Sheet of the Company as at March 31, 2011 and the Profit & Loss Ac4ount for the year ended on that date annexed thereto and the Reports of the Directors and Auditors attached thereto.
2. Recommendation of a dividend at the rate of 200% (i.e. Rs. 2.00 per equity share) by the Board of Directors, for the year ended March 31, 2011.
3. Re-appointment of Mr. D. J. Balaji Rao, Mr. Dheeraj G. Hinduja & Dr. V. Sumantran as Directors of the Company.
4. Appointment of Messrs M. S. Krishnaswami & Rajan, Chartered Accountants, as Auditors of the Company to hold office until the conclusion of the next Annual General Meeting on a remuneration, terms & conditions.
5. Appointment of Mr. Jean Brunol, Mr. Sanjay K. Asher & Mr. Jorma Antero Halonen as Directors of the Company
6. Appointment of Mr. R. Seshasayee as Executive Vice Chairman with effect from April 01, 2011 for a period of two years on remuneration, terms & conditions.
7. Appointment of Mr. Vinod K. Dasari as Managing Director with effect from April 01, 2011 for a period of three years on remuneration, terms & conditions.
8. Given consent for payment of remuneration by way of commission to Non-Executive Directors (i.e. other than Executive Vice Chairman / Managing Director / Wholetime Director by whichever name called) upto 1% of the net profit of the year for a period of five years commencing from April 01, 2011.
9. To substitute Arciel 140(a) of the Articles of Association of the Company.
10. Authority to the Board of Directors to their borrowing for and on behalf of the Company, monies from time to time and without prejudice to the generality thereof, by way of loans, advances, credits, acceptance of deposits, banking, financial facilities, bonds or otherwise from any bank or banks or any financial institution(s) or other person or persons situated in India or abroad and whether the same be secured or unsecured and if secured, whether by way of mortgage charge, hypothecation, pledge or otherwise in any way whatsoever on, over or in respect of all or any of the Company?s assets, effects and property notwithstanding that the monies so borrowed by the Company, together will the monies already borrowed by the Company,(apart from temporary loans obtained from the Company?s Bankers in the ordinary course of business) may exceed the aggregate of the paid up capital of the Company and its free reserves, that is to say, reserves not set apart for any specific purpose provided such excess amount so borrowed by the Company and outstanding shall not at any time exceed the limit of Rs. 8,000 Crores (Rupees Eight thousand Crores only), subject to necessary provisions and approvals..
11. Accorded consent in terms of Section 293(1)(a) and other applicable provisions, if any, of the Companies Act, 1956 to mortgaging and/or charging by the Board of Directors of the Company, of all the immovable and/or movable properties of the Company, wheresoever situate, present and future and the whole of the undertaking of the Company, togetherwith power to take over the management of the business and concern of the Company to be exercised only on the occurrence of certain events, to, or in favour of all, or any of the following: (a) Banks / Financial Institutions / Mutual Funds as lenders / trustees for fresh Non Convertible Debentures / Term Loans / External Commercial Borrowings / Perpetual Bonds up to Rs. 1,000 Crores to be contracted during the financial year 2011-12 and to secure the interest payable on such loans at the respective agreed rates, compound / additional interest, commitment charges, premium on prepayment or on redemption, costs, charges, expenses and all other monies payable by the Company to Banks / Financial Institutions / Mutual Funds as lenders / Trustees in terms of their Loan Agreements / Trust Deed entered into/to be entered into by he Company in respect of the said Non-Convertible Debentures / Term Loans / External Commercial Borrowings/Perpetual Bonds. (b) State Bank of India and the Consortium of Banks for the working capital limits of Rs. 1,500 Crores (comprising of Rs. 750 Crores each of fund based and non-fund based limits) together with interest at the respective agreed rates, compound interest costs, charges, expenses and all other moneys payable to State Bank of India and the Consortium of Banks from time to time.
12. Increase in the Authorised Share Capital of the Company from Rs. 200,00,00,000 (Rupees two hundred crores only) to Rs. 300,00,00,000 (Rupees three hundred crores only) divided into 300,00,00,000 Equity Shares of Re. 1/- each and consequential amendment in Memorandum & Article of Association as follows:
13. (a) Accorded consent to the Board of Directors of the Company (?the Board?, which term shall be deemed to include any Committee thereof) for capitalizing of Rs. 13303.38 lakhs standing to the credit of the Securities Premium Account of the Company, by way of issue of Bonus Shares of Re. 1/- (Rupee One) each, credited as fully paid-up Equity Shares to the holders of the Equity Shares and to the Custodian for holders of Global Depository Receipts(GDR of the Company, whose names shall appear in the Register of Members or in the respective beneficiary account with their respective Depository Participants, on the Record Dale to be fixed in the proportion of 1 (one) Bonus Share(s) of Re. 1/- (Rupee one) each for every 1( one) fully paid-up Equity Share of Re. 1/- (Rupee one) each held by them and that the Bonus Shares so distributed shall, for all purposes, be treated as an increase in the nominal amount in the Capital of the Company held by each such member, and not as income; (b) the Bonus Shares so issued and allotted shall rank pan passu in all respects with the existing equity shares of the Company except that these Bonus Shares shall not be eligible for dividend for the year ended March 31, 2011; (c) no letter of allotment shall be issued in respect of the Bonus Shares but in the case of Members who hold Equity Shares (or opt to receive the Bonus Shares) in dematerialized form, the Bonus Shares shall be credited to the respective beneficiary accounts of the Members with their respective Depository Participants and in the case of Members who hold Equity Shares in certificate form, the share certificates in respect of the Bonus Shares shall be dispatched, within such time as prescribed by law and the relevant authorities; (d) the issue and allotment of the Bonus Shares to Non-Resident Members, Foreign Institutional Investors (FIIs), Custodian for holders of GDRs and other foreign invest and / or distribution of net sale proceeds in respect of fraction if any to which such Members may be entitled will be subject to the applicable regulations; (e) for the purpose of giving effect to this Resolution, the Board / Committee be and is hereby authorized to do all such acts / deeds, matters and things and give such as may be necessary or expedient and to settle any question, difficulty or doubt that may arise in this regard as the Board / Committee in its absolute discretion may deem necessary or desirable as its decision shall be final and binding.
(As Per BSE Announcement Website dated on 17.08.2011) |
| 27-Jul-10 |
| Ashok Leyland Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 20, 2010 to July 27, 2010 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on July 27, 2010.
Ashok Leyland Ltd has informed BSE that the members at the 61st Annual General Meeting (AGM) of the Company held on July 27, 2010 inter alia, have accorded to the following:
1. Adoption of the audited Balance Sheet of the Company as at March 31, 2010 and the Profit & Loss Account for the year ended on that date annexed thereto and the Reports of the Directors and Auditors attached thereto.
2. Declared a dividend at the rate of 150% (i.e. Rs. 1.50 per equity share) as recommended by the Board of Directors, for the year ended March 31, 2010, on the paid-up share capital of the Company.
3. Re-appointed Mr. A K Dasf, Mr. F Sahami & Mr. Andres Spare, as Directors of the Company.
4. Appointed Messrs M S Krishnaswami & Rajan, Chartered, Accountants, and Messrs Deloitte Haskins & Sells, Chartered Accountants, as Auditors of the Company to hold office from the conclusion of this Annual General Meeting till the conclusion of the next Annual General Meeting on a remuneration, in addition to reimbursement of out-of-pocket expenses.
5. Appointed Mr. Anil Harish as a Director of the Company.
6. Accorded consent to mortgaging and/or charging by the Board of Directors of the Company, of all the immovable and/or movable properties of the Company, wheresoever situate, present and future and the whole of the undertaking of the Company, together with power to take over the management of the business and concern of the Company to be exercised only on the occurrence of certain events, to or in favour of all, or any of the Banks / Financial Institutions / Mutual Funds as lender / trustees for Debenture Holders to secure additional borrowings in Indian Rupees / in Foreign Currency by way of Non-Convertible Debentures / term Loans or such other instruments / facilities aggregating Rs.70,000 lakhs to be contracted during the financial year 2010-11 and also for the External Commercial Borrowings already contracted to the extent of rupee equivalent of US$ 295 Mn or its equivalent in any other foreign currency and to secure the interest payable on such loans at the respective agreed rates, compound/additional interest, commitment charges, premium on prepayment or on redemption, costs, charges, expenses and all other moneys payable by the Company to Banks / Financial Institutions / Mutual Funds as lenders/trustees in terms of their Loan Agreements / Trust Deed entered into/to be entered into by the Company in respect of the said Non-Convertible Debentures/Term Loans/External Commercial Borrowings / facilities, subject to necessary provisions and approvals.
(As Per BSE Announcement Website dated on 25.08.2010) |
| 28-Jul-09 |
| Ashok Leyland Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from July 16, 2009 to July 28, 2009 (both days inclusive) for the purpose of payment of dividend & Annual General Meeting (AGM) of the Company to be held on July 28, 2009.
Ashok Leyland Ltd has informed BSE that the members at the 60th Annual General Meeting (AGM) of the Company held on July 28, 2009, inter alia, have accorded to the following:
1. Adoption of the Audited Balance Sheet of the Company as at March 31, 2009 and the Profit & Loss Account for the year ended on that date.
2. Declaration of Dividend at the rate of 100% (i.e. Rs. 1.00 per equity share) for the year ended March 31, 2009.
3. Re-appointment of Mr. R J Shahaney, Mr. Shardul S Shroff, Mr. Ramachandran R Nair & Dr. V Sumantran as Directors of the Company.
4. Appointment of Messrs M S Krishnaswami & Rajan, Chartered Accountants, and Messrs Deloitte Haskins & Sells, Chartered Accountants as Auditors of the Company to hold office from the conclusion of this Annual General Meeting till the conclusion of the next Annual General Meeting of the Company on remuneration, terms & Conditions.
5. Authority to the Board to offer, issue and allot in one or more tranches, either in the course of international offerings or otherwise, to Foreign Institutions, foreign investors / collaborators, non-resident Indians, corporate bodies, mutual funds, banks, insurance companies, pension funds or others wherever located, whether shareholders of the Company or not, through a Rights / Public issue and / or on a private placement basis, equity shares and / or equity shares in the form of Global Depository Receipts (GDRs), and / or securities convertible into equity shares and / or securities linked to equity shares and / or securities with or without detachable share warrants, and / or Foreign Currency Convertible Notes (FCCNs) and / or Bonds with Share Warrants attached and / or such other hybrid / other securities, as may be available ('Securities'), secured or unsecured, so however, that the total amount raised through the aforesaid Securities should not exceed Rs 750 crores (Rupees Seven hundred and fifty cores only), of incremental funds for the Company, subject to necessary provisions & approvals.
6. Increase the Authorised Share Capital of the Company from Rs 150,00,00,000 (Rupees one hundred fifty crores only) to Rs 200,00,00,000 (Rupees two hundred crores only) by the creation of 50,00,00,000 Equity Shares of Rs 1/- each ranking in all respects pari passu with the existing equity shares & consequential amendments in the Memorandum & Articles of Association of the Company.
(As per BSE Announcement Dated on 28.08.2009) |