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ASHOKLEYBSEAshok Leyland Ltd· Agricultural Commercial & Construction VehiclesHighPositive
Announced Thu, 28 May, 2026 · 15:33 IST

Board approves second interim dividend - Record date June 03, 2026

Bonus issue of 1:1 or betterCorporate Actions View source PDFExplain this filing

ASHOKLEY · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-4.5%Reaction day
₹164.00
prior close
₹165.66
announcement price
After-mkt
timing
Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-1.4%-3.1% vs market
Agricultural Commercial & Construction Vehicles peers, median of 10sector · industry level-1.9%-2.6% vs sector

On the reaction day the stock moved 3.1 pts less than Nifty Midcap 150 and 2.6 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.

Minutes after the announcementfrom the announcement price · no benchmark
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Reaction day
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Next day
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UpDownMarket · Nifty Midcap 150Sector · Agricultural Commercial & Construction Vehicles peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ashok Leyland's Board declared a second interim dividend of ₹2.50 per share (face value ₹1 each) for FY2025-26, payable on or before June 26, 2026. Combined with the first interim dividend of ₹1.00 per share paid earlier, the total annual dividend stands at ₹3.50 per share. The record date is June 3, 2026, and no final dividend will be declared. Full-year standalone revenue grew 13.6% to ₹44,007 crore, with profit after tax at ₹3,565.5 crore (up 7.9% YoY). Basic EPS improved to ₹6.07 from ₹5.62, supported by strong operational performance despite a ₹308 crore exceptional charge related to new labour codes. The company also completed a 1:1 bonus issue in July 2025, which doubled the paid-up equity capital to ₹587.4 crore.

Likely market impact

The second interim dividend provides steady cash returns to shareholders. With total dividend of ₹3.50 per share against an EPS of ₹6.07, the payout ratio stands at approximately 58%, reflecting a balanced dividend policy. The company's improving profitability and debt reduction support continued dividend capacity.