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Ashok Leyland secures order for 1282 Buses from GSRTC

Sep 29, 2023

By: BlinkX Research Team

Ashok Leyland has clinched a substantial order for 1282 buses from the Gujarat State Road Transport Corporation (GSRTC). This announcement comes in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The key details of this order, as outlined in the press release, emphasize that the promoter, promoter group, and group companies have no vested interest in the entity awarding the order. Additionally, it's noteworthy that this order does not fall under the category of Related Party Transactions.