ASHOKLEYNSEAshok Leyland Limited· Agricultural Commercial & Construction VehiclesHighNegative

Announced Fri, 17 Oct, 2025 · 18:01 IST

Mahesh Thakar resigns as President Legal and Secretarial-General Counsel

Kmp ResignedManagement Changes View source PDF Explain 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

+1.1%Reaction day

₹134.52

prior close

₹135.99

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.7%+0.4% vs market

Agricultural Commercial & Construction Vehicles peers, median of 9sector · industry level+1.0%+0.1% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Midcap 150 and 0.1 pts more 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

Stock

+0.8

10m

+0.4

15m

+0.6

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.1+0.7+0.4+1.0+0.1

Next day

+1.3+0.9+0.4+0.6+0.7

+2.4+0.7+1.6+0.0+2.4

+1.5+0.5+1.0-0.4+2.0

+4.8+1.3+3.5+0.4+4.4

+4.3+1.3+3.0+0.7+3.6

+4.6+1.7+2.9+0.4+4.2

15d

+5.7+2.8+2.9-3.5+9.2

+9.2+2.9+6.3-6.8+16.0

+31.3+2.5+28.8-10.4+41.7

+33.9-2.1+36.0-17.0+50.9

UpDownMarket · Nifty Midcap 150Sector · Agricultural Commercial & Construction Vehicles peers, median of 9Pending

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

AI summary

Ashok Leyland informed the exchange that Mahesh Thakar will cease as Senior Management Personnel, President Legal and Secretarial-General Counsel, effective close of business on October 18, 2025. He cited personal commitments and requested relief by that date. His resignation letter is enclosed, and no successor is named.

Likely market impact

The departure creates some continuity risk in legal and secretarial functions, but no operational or financial impact was disclosed.