Ashok Leyland invests Rs 200 cr in Hinduja Leyland Finance
Ashok Leyland has been allotted 1 crore equity shares of Rs 10 each at an issue price of Rs 200 each (including premium of Rs 190 per share) by Hinduja Leyland Finance, a material subsidiary of Ashok Leyland.
Post allotment the shareholding of the Company in HLFL has increased by 0.73% i.e. from 60.39% to 61.12%.
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