ASHOKLEYNSEAshok Leyland Limited· Automobiles - 4 WheelersHighPositive
Announced Fri, 16 May · 16:50 IST

Ashok Leyland Limited has informed the Exchange that Board of Directors at its meeting held on May 16, 2025, declared Second Interim Dividend of Rs.4.25 per equity share

Dividend Yield Above 3pctCorporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Ashok Leyland, at its meeting on May 16, 2025, declared a Second Interim Dividend of Rs. 4.25 per equity share (face value Re. 1) for the financial year ended March 31, 2025. The dividend will be paid on or before June 14, 2025. The record date to identify eligible shareholders is Thursday, May 22, 2025. This is the second interim dividend declared for FY25, indicating a strong payout for the year.

Likely market impact

Shareholders holding Ashok Leyland shares as of the record date (May 22, 2025) will receive Rs. 4.25 per share as dividend, providing a meaningful cash return. The sizable payout signals strong cash generation and shareholder-friendly capital allocation, which should be viewed positively by the market.