Ashok Leyland is making noise, not on the highways, but on the stock market. A bonus issue after 14 years, a dividend, and a key board meeting, the flagship company of the Hinduja Group, Ashok Leyland known for its commercial vehicles is in full throttle mode this May.
Let’s take a look at the five important development from Ashok Leyland that you need to know-
Ashok Leyland bonus issue on the cards after 14 long years
For the first time since 2011, Ashok Leyland is preparing to roll out a bonus issue of shares. The board of directors will meet on May 23, and among other things, they may consider the proposal for a bonus share issue, subject to necessary approvals.
This potential corporate action has excited the market, especially since the last bonus issued by the company was in a 1:1 ratio back in 2011.
“…we wish to inform you that, at the meeting dated 23rd May 2025, the Board of Directors may consider the proposal for issue of Bonus shares, subject to requisite approvals as required,” said the company through an exchange filing on May 19.
Ashok Leyland dividend: 625% and counting
Ashok Leyland is not holding back on cash rewards either. The company recently declared a second interim dividend of Rs 4.25 per share, which translates to a 425% dividend on a face value of Re 1. This brings the total dividend declared for FY25 so far to Rs 6.25 per share, or 625%.
The record date for receiving this second interim dividend has been fixed as May 22, and eligible shareholders can expect the payment on or before June 14.
Through a regulatory filing on May 17, the company announced, “…that its Board of Directors, at a meeting held earlier in the day, has declared a Second Interim Dividend of Rs 4.25 per equity share of face value Rs 1/-, for the financial year ended March 31, 2025.”
Ashok Leyland board meeting set for May 23 to finalise FY25 results
Ashok Leyland has also announced that its audited financial results – both standalone and consolidated for the year ending March 31, 2025, will be reviewed and approved in the upcoming board meeting on May 23.
“…we had intimated that a Board meeting is proposed to be convened on 23rd May 2025 for considering the standalone and consolidated audited financial results for the financial year ended March 31,2025, amongst others,” noted the company in the exchange filing on May 17.
Trading window closed ahead of major decisions
The company has already closed its trading window for designated employees and insiders. The window has been shut since April 1, 2025, and will remain closed until 48 hours after the results are made public.
Ashok Leyland stock performance
The share price of Ashok Leyland saw a steady uptrend. In the past 5 days, the stock has gained 5%, while over the last one month, it has delivered a 9% return. Looking at a longer time frame, the stock has risen 11% in the past six months and 15% over the last one year. So far in 2025, Ashok Leyland has generated a 9% return.