Ashok Leyland Bags Rs 184 Cr Bus Order, Raises Switch Mobility Stake

  Published 1 year ago

Ashok Leyland secured a Rs 183.80 crore order for bus deliveries from June to December 2025. Its UK subsidiary is Optare Plc. Increased its stake in Switch Mobility Limited to 99.57% by acquiring Dana Ltd’s 1.01% share, consolidating full ownership with Hinduja Automotive.

  • Bus delivery is scheduled from June to December 2025.
  • Optare Plc's stake in SML UK rises to 99.57%.
  • Ashok Leyland manufactures commercial vehicles and engines.
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