Ashok Leyland to Invest ₹375 Crore in UK Subsidiary OptareAshok Leyland to Invest ₹375 Crore in UK Subsidiary Optare

Introduction

Ashok Leyland approves ₹375 crore equity investment in UK subsidiary Optare Plc to fund loan repayment and business needs; completion by March 2026.

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Share price movement of Ashok Leyland

On March 23, 2026, Ashok Leyland Ltd opened at ₹167.00, down -1.13% from its previous close of ₹168.90. It reached a high of ₹167.20 (-1.01%) and a low of ₹160.90. By 4:00 PM, it traded at ₹163.26, a -3.34% decrease, with a market cap of ₹95,127.07 crore.

₹375 Crore Investment in Optare

Ashok Leyland approved an equity investment of up to GBP 30 million, approximately ₹375 crore, in its UK subsidiary Optare Plc. The investment will be made in cash in one or more tranches and is expected to be completed within March 31, 2026.

Optare Plc is in the business of manufacturing and selling buses and commercial vehicles. It is also the holding company for Ashok Leyland’s electric vehicle initiatives through Switch Mobility Limited, UK and Switch Mobility Automotive Limited. Optare reported consolidated revenue of ₹1,232.59 crore in FY 2024-25, up from ₹707.30 crore in FY 2023-24.

The investment is a related party transaction as Hinduja Automotive Limited, the promoter of Ashok Leyland, holds 6.52% in Optare Plc. Ashok Leyland currently holds 93% in Optare, which will increase to 93.28% post allotment. The funds will be used towards repayment of loan and other business requirements.

Stock performance of Ashok Leyland  for Period of 1 week, 6 months, and 1 year

Ashok Leyland delivered a 1-week return of -6.25%, a 6-month return of 13.9%, and a 1-year return of 53.6%.

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AI-led transformation)

Shareholding pattern of Ashok Leyland

Particulars	Dec 2025	Sep 2025	July 2025
Promoter	51.50%	51.50%	51.50%
FII	24.40%	24.30%	24.00%
DII	13.80%	13.70%	13.70%
Public	10.30%	10.50%	10.80%

About Ashok Leyland

Ashok Leyland Ltd (NSE: ASHOKLEY) is the Hinduja Group’s flagship company and India’s second largest manufacturer of commercial vehicles, operating across 50 countries.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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