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.
Ashok Leyland has announced that its board will consider a bonus share issue during its upcoming meeting on Friday, May 23, 2025. This proposal, if approved, would mark the company’s first bonus issue in 14 years, the last being a 1:1 bonus declared in August 2011.
Ashok Leyland dividend
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.
Stock performance of Ashok Leyland
The announcement has positively impacted investor sentiment, with Ashok Leyland’s shares rising by 3.4% to reach a high of ₹249.65 on the Bombay Stock Exchange (BSE) on May 20, 2025 . The stock has shown a significant rebound of over 30% from its 52-week low of ₹190.40 observed on April 7, 2025 .
In addition to the bonus issue, the board meeting on May 23 will also address the company’s financial results for the quarter and fiscal year ending March 31, 2025 . Investors are advised to stay informed about the outcomes of this meeting, as the decisions made could have further implications on the company’s stock performance.
