Ashok Leyland announces 1:1 bonus issue

26 May 2025 , 10:32 AM

Ashok Leyland Limited said that its board has approved a 1:1 bonus issue of equity shares. The business said that the issue of bonus shares is subject to the approval from shareholders via postal ballot and other approvals as may be applicable. 

The company has not yet determined the record date for deciding the entitlement of the shareholders to receive bonus shares in due course. 

Recently, the business also announced that the board has approved and recommended a dividend of ₹4.25 per share with the face value of ₹1 each for the financial year ended 2025, according to the company’s filing with the bourses. The company said that the second interim dividend shall be paid on or before June 14. The record date for the same was fixed at May 22.

The business said that the total amount to be disbursed as dividend is ₹1,248 Crore. As per the data disclosed by the company, retail investors owning up an aggregate of 9.56% stake shall receive a total amount of ₹118 Crore.

The company also announced its results for the quarter ended March 2025. The business said that its net profit for the quarter stood at ₹1,245.87 Crore, higher by 38% against ₹900.41 Crore in the previous corresponding quarter. 

Its revenue from operations registered a growth of 5.70% at ₹11,906.71 Crore against ₹11,266.69 Crore in the previous comparable quarter.

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