Epic Research

Tuesday, November 25, 2014

Epic Research Update : Ashok Leyland

Epic Update Ashok Leyland
Hinduja Group flagship company Ashok Leyland has sold 32 per cent stake in its subsidiary firm Hinduja Tech (HTL) to a strategic investor. However, the company did not disclose the amount for which the stake has been sold. Consequent to the allotment of equity shares to the strategic investor, the holding of Ashok Leyland now stands at 68 per cent from 100 per cent.


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