Promoter Pledges 18.13% Stake for USD 1.445 Billion Loan
Ashok Leyland Ltd · ASIANPAINT · BSE ·
Promoter group entity, Hinduja Automotive Ltd, has pledged 1,06,50,00,000 shares, representing 18.13% of Ashok Leyland's total share capital. The pledge is to secure a term loan facility of USD 1.445 billion availed by promoter group entities from a consortium of lenders includin…