Ashok Leyland appoints Deloitte as statutory auditor for five years

Ashok Leyland Limited has approved the appointment of Deloitte Haskins & Sells Chartered Accountant LLP as its statutory auditors for a term of five consecutive years. The Board of Directors made the decision during its meeting held on August 14, 2026, following a recommendation from the Audit Committee. The new auditors will serve from the conclusion of the 78th Annual General Meeting in 2027 until the conclusion of the 83rd AGM in 2032.

The appointment replaces Price Waterhouse & Co. Chartered Accountants LLP, which is completing its mandatory ten-year tenure as statutory auditors at the end of the 78th AGM. The company must seek shareholder approval for the change during the 78th AGM scheduled for 2027. The filing was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Profile

Deloitte Haskins & Sells Chartered Accountant LLP, registered with the Institute of Chartered Accountants of India (Registration No. 117364W/W100739), was constituted in 1997 and converted into a Limited Liability Partnership on June 2, 2021. The firm operates as part of the Deloitte Haskins & Sells & Affiliates network.

Key details regarding the appointment include:

Detail	Information
Auditor Firm	Deloitte Haskins & Sells Chartered Accountant LLP
Tenure	5 consecutive years
Start Date	Conclusion of 78th AGM (2027)
End Date	Conclusion of 83rd AGM (2032)
Predecessor	Price Waterhouse & Co. Chartered Accountants LLP
Condition	Subject to shareholder approval

The firm has approximately 130 partners and maintains offices in Mumbai, Gurugram, Kolkata, Chennai, Bangalore, Ahmedabad, Hyderabad, and Pune. Its registered office is located in Ahmedabad. There are no disclosed relationships between the auditor and the company’s directors.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.91%	-3.61%	+7.46%	-16.39%	+42.90%	+162.62%

Ashok Leyland witnessed a notable block trade on the National Stock Exchange (NSE), with approximately 2,541,253 shares changing hands in a single transaction. The trade was executed at a price of ₹177.84 per share, aggregating to a total deal value of ₹45.19 crores.

Block Trade Details

The following table summarises the key parameters of the block trade recorded on the NSE:

Parameter:	Details
Exchange:	NSE
Number of Shares:	~2,541,253
Trade Price:	₹177.84 per share
Total Deal Value:	₹45.19 crores

Market Significance

Block trades involve the purchase or sale of a large number of shares in a single transaction, typically executed by institutional investors or large market participants. Such trades are closely monitored by market participants as they can indicate significant portfolio activity in the stock. The Ashok Leyland block trade on the NSE, valued at ₹45.19 crores for approximately 2,541,253 shares at ₹177.84 per share, represents a transaction of considerable size in the counter.