Announced Mon, 27 Jul · 11:30 IST
Associate ALJD completes voluntary liquidation under NCLT
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ASHOKLEY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹151.21
prior close
₹153.64
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.0+0.0+0.0——————————
Up moveDown movePending
AI summary
Ashok Leyland associate ALJD (Ashok Leyland John Deere Construction Equipment) has been voluntarily liquidated after being under the NCLT liquidation process for the last few years. The final dissolution order has now been received. ALJD has ceased to be an associate of Ashok Leyland. No benefit accrues to promoters or group companies, and there is no change in shareholding pattern.
Likely market impact
Closure of a long-running liquidation of a non-core associate. No financial benefit to promoters. Neutral event for shareholders.