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.