Ashok Leyland has notified the stock exchanges of the transfer of equity shares held in physical mode, in compliance with SEBI Circular No. SEBI/HO/MIRSD/DOS3/CIR/P/2018/139 dated November 6, 2018. The intimation, filed on May 11, 2026, is made pursuant to Clause (2)(c)(iii)(5) of the said circular, read with SEBI circulars dated July 2, 2025 and January 30, 2026, which provide a special window for re-lodgement of transfer of shares in physical form.

Transfer Details

The company has disclosed the following details regarding the equity shares transferred in favour of the transferee:

Lock-In Period

The equity shares transferred as detailed above are subject to a lock-in period of 6 months from the date of registration of transfer, which is May 8, 2026. This lock-in is in accordance with the provisions of the applicable SEBI circulars governing the transfer of securities in physical mode.

The company has stated that the above information is also available on its official website. The intimation has been signed by N Ramanathan, Company Secretary, on behalf of Ashok Leyland Limited.

Ashok Leyland has released its monthly sales figures for April 2026 under Regulation 30 (Disclosure of Events or Information) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was communicated to the stock exchanges on May 4, 2026, and covers unit sales across key vehicle categories for the domestic market as well as combined domestic and export volumes. While total vehicle sales (domestic and exports) grew 9% year-on-year to 14,646 units, the figure fell short of the analyst estimate of 15,800 units.

Domestic Sales Performance

Ashok Leyland's domestic vehicle sales for April 2026 registered a 14% year-on-year increase, reaching 14,242 units compared to 12,509 units in April 2025. The growth was broad-based across most segments, with M&HCV Trucks and LCVs posting notable gains, partially offset by a decline in M&HCV Bus volumes.

The table below summarises domestic sales performance by category:

Domestic M&HCV Trucks grew 15% YoY to 6,814 units from 5,915 units, while the LCV segment recorded the strongest growth at 23% YoY, rising to 6,265 units from 5,103 units. M&HCV Bus volumes, however, declined 22% YoY to 1,163 units from 1,491 units. Overall domestic M&HCV sales (trucks and buses combined) increased 8% YoY to 7,977 units.

Combined Domestic and Export Sales Performance

On a combined domestic and exports basis, Ashok Leyland's total vehicle sales for April 2026 grew 9% YoY to 14,646 units, up from 13,421 units in April 2025, missing the analyst estimate of 15,800 units. The following table provides a breakdown of combined sales figures:

M&HCV Trucks on a combined basis rose 15% YoY to 7,007 units from 6,119 units, and LCV sales increased 16% YoY to 6,344 units from 5,461 units. M&HCV Bus volumes on a combined basis declined 30% YoY to 1,295 units from 1,841 units. Total M&HCV (combined) grew 4% YoY to 8,302 units from 7,960 units.

Key Highlights

• Combined total vehicles up 9% YoY to 14,646 units (Apr'25: 13,421 units) vs. estimate of 15,800 units
• Domestic total vehicles up 14% YoY to 14,242 units (Apr'25: 12,509 units)
• M&HCV Trucks (domestic) grew 15% YoY to 6,814 units
• LCV (domestic) posted the highest growth at 23% YoY, reaching 6,265 units
• M&HCV Bus (domestic) declined 22% YoY to 1,163 units
• M&HCV Bus (combined) declined 30% YoY to 1,295 units

The sales disclosure was signed by N. Ramanathan, Company Secretary of Ashok Leyland, and submitted to both the National Stock Exchange of India Limited and BSE Limited on May 4, 2026.