Ashok Leyland, a major commercial vehicle manufacturer based in Tamil Nadu, India, has announced July 16, 2025, as the record date for its 1:1 bonus share issue. The company’s allotment date is set for July 17, 2025, with trading to commence on July 18. The bonus issue, along with a ₹4.25 dividend per share, marks its first such issuance since 2011.
Ashok Leyland Ltd., one of India’s leading commercial vehicle manufacturers headquartered in Chennai, Tamil Nadu, has officially announced the record date for its 1:1 bonus share issue. The company informed the stock exchanges on July 9 that Wednesday, July 16, 2025, will serve as the record date to determine eligible shareholders.
According to the regulatory filing, the allotment of bonus shares will take place on Thursday, July 17, 2025, and the shares will be available for trading on the stock exchanges starting Friday, July 18, 2025.
The bonus share issuance is part of a broader announcement made in May 2024, in which Ashok Leyland declared a bonus in the ratio of 1:1, meaning shareholders will receive one free share for each share held. This is the company’s first bonus share announcement since 2011, when a similar 1:1 bonus issue was made.
Alongside the bonus, the company also declared a dividend of ₹4.25 per share, resulting in a total payout of ₹1,248 crore to its shareholders. This move is expected to enhance liquidity and reward long-term investors.
Ashok Leyland is part of the Hinduja Group and is a key player in India’s commercial vehicle sector. The company operates across multiple categories including trucks, buses, defense vehicles, and power solutions, and it exports to more than 50 countries globally.
The company stated that the bonus issuance is in accordance with the Securities and Exchange Board of India (SEBI) circular dated September 16, 2024.
