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Ashok Leyland Prepares for Key May 23 Board Meeting to Consider Bonus Shares After 14 Years

The board will deliberate on a bonus share proposal, approve audited FY25 results, and address shareholder returns, as the stock sees a 3% rise.

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Ashok Leyland | Image: Ashok Leyland
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Overview

  • Ashok Leyland's board will meet on May 23, 2025, to consider issuing bonus shares for the first time since 2011, pending regulatory approval.
  • The company will also approve its standalone and consolidated audited financial results for FY25 during the meeting.
  • A second interim dividend of Rs 4.25 per share has been declared, bringing total FY25 dividends to Rs 6.25 per share, with payment scheduled by June 14.
  • The trading window for insiders has been closed since April 1, 2025, and will remain shut until 48 hours after the results are disclosed.
  • Following the announcement of the bonus share proposal, Ashok Leyland's stock price climbed over 3%, reflecting positive market sentiment.