The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Catalyst Trusteeship Ltd

Catalyst Trusteeship Ltd, acting as the onshore security agent for lenders to Hinduja Automotive Ltd (part of the Hinduja promoter group of Ashok Leyland), has released the pledge on 109 crore (1,090,000,000) equity shares of Ashok Leyland. These pledged shares represented 18.55% of Ashok Leyland's total equity share capital. Before the release, Catalyst Trusteeship held NIL direct shares but had 109 crore shares encumbered in its favour; after the release, its holding is NIL on both counts. The transaction was carried out on 27 March 2026 and reported under SEBI's Takeover Regulations.