ashok leyland ltd (AL:Natl India)
Transactions by ASHOK LEYLAND LTD (AL) in the last 6 months
Ashok Leyland (UAE) LLC acquired AVIA Ashok Leyland Motors s.r.o. from Ashok Leyland Limited (BSE:500477) for $10.96 million in cash on March 30, 2015. In related transaction, Ashok Leyland also sold its entire 48.5% stake in Ashok Leyland Wind Energy Ltd.
Rajalakshmi Group agreed to acquire 75% stake in Ashok Leyland Wind Energy Limited from Ashok Leyland Limited (BSE:500477) and Hinduja Foundries Limited (BSE:505982) for an enterprise value of INR 1.7 billion on March 30, 2015. The shareholding of Ashok Leyland Limited in Ashok Leyland Wind Energy Limited decreased from 60% to 11.5% stake on March 30, 2015, and Ashok Leyland Wind Energy Limited ceased to be a subsidiary of Ashok Leyland Limited with immediate effect. ...
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