Ashok Leyland has secured an order for 715 vehicles from VRL Logistics, marking a significant deepening of their decades-long partnership. The order comprises AVTR 3120 haulage trucks, BOSS 1615 trucks, and Oyster staff buses, reinforcing the commercial vehicle manufacturer's position as a key supplier to India's logistics sector. Deliveries are progressing as planned, with 300 trucks already delivered and the remaining 415 scheduled for execution in the current year.

Order Details

The following table summarises the key parameters of the announced order:

Significance of the Deal

Dr. Anand Sankeshwar, Managing Director of VRL Logistics, highlighted the confidence in the quality and reliability of Ashok Leyland trucks, noting that the strong after-sales support and rapidly expanding service network provide a clear operational advantage. He stated that the fresh order marks a strategic deepening of their partnership to drive higher logistics efficiency.

Ms. Madhavi Deshmukh, National Sales Head – MHCV at Ashok Leyland, stated that the order is a testament to the trust VRL Logistics has in the company's technology and performance. The vehicles are equipped with state-of-the-art features engineered to deliver superior operational performance, reduce maintenance downtime, and enhance fleet efficiency.

Ashok Leyland has scheduled a board meeting for Thursday, May 28, 2026. The board will consider and approve the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026. Additionally, the directors will deliberate on the proposal of declaring the 2nd interim dividend on equity shares for the financial year 2025-26.

Agenda for the Meeting

The primary focus of the meeting will be the financial performance for the fourth quarter and the full fiscal year. The board will also evaluate the declaration of a dividend.

The table below outlines the key business to be transacted:

Dividend Record Date

If the Board of Directors declares the 2nd interim dividend, the company has established Wednesday, June 3, 2026, as the record date to determine shareholder eligibility.

Trading Window Closure

In accordance with the company's code to regulate trading by Designated Persons, the Trading Window was closed from April 1, 2026. This closure applies to all Designated Persons and their immediate relatives. The window will remain closed until the expiry of 48 hours from the date the financial results are made public to the exchanges.

The board meeting is being held pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.