Ashok Leyland Limited has informed the Exchange regarding Change in Director(s) of the company.
ASHOKLEY · price
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Ms. Manisha Girotra (DIN: 00774574) will step down as Non-Executive Independent Director of Ashok Leyland from the close of business on June 28, 2025, after completing her second five-year term (which began June 29, 2020). A replacement woman director has already been identified, and the Board gave in-principle approval for her appointment on April 21, 2025. However, formal appointment is pending security clearances from DGCA and the Ministry of Home Affairs, which the company requires because it holds a private aircraft operating license.
This is a routine end-of-tenure exit with a replacement already lined up, so it is unlikely to materially affect shareholders. The DGCA/MHA clearance is a procedural step and not a governance concern.