Ashok Leyland Limited has informed the Exchange that Record date for the purpose of Bonus is 16-Jul-2025.
ASHOKLEY · price
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On the reaction day the stock moved 0.4 pts more than Nifty Midcap 150 and 0.6 pts less than its Agricultural Commercial & Construction Vehicles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Ashok Leyland has set Wednesday, July 16, 2025, as the record date for its 1:1 bonus share issue, approved by shareholders on July 7, 2025. Under the issue, every shareholder will receive one new equity share of ₹1 face value for every one share held. The deemed allotment date is July 17, 2025, and the bonus shares will start trading on the exchanges from July 18, 2025. Total share count will effectively double post-allotment. The company has not announced any cash dividend or buyback alongside this issue.
Investors holding Ashok Leyland shares by end of day on July 16, 2025 will be eligible for the bonus. Share price typically adjusts downward on the ex-date to reflect the doubled share count, so the overall value of holdings should remain broadly unchanged. This signals management's confidence but does not provide fresh cash to shareholders.