Wed Jul 16 04:00:00 UTC 2025: ## Ashok Leyland Shares Dip as Bonus Share Issue Ex-Date Arrives

**Mumbai:** Shares of Ashok Leyland continued their downward trend for the second consecutive day on Wednesday, dropping over 2% to ₹122.95. This decline follows the stock turning ex-date for its 1:1 bonus share issue. The shares had already fallen 2% on Tuesday in anticipation of the July 16th record date, established by the company to determine shareholder eligibility for the bonus shares.

The company announced the July 16th record date on July 9th, confirming that eligible shareholders will receive one bonus share for every share they already own. Allotment of the bonus shares is slated for July 17th, and they are expected to be available for trading on July 18th. This bonus issue, last implemented in 2011, was announced in May alongside the company’s Q4 results and dividend declaration.

In addition to the bonus shares, Ashok Leyland’s board approved a dividend of ₹4.25 per share, amounting to a total payout of ₹1,248 crore. The company reported a strong Q4 performance, with net profit rising 38.4% to ₹1,246 crore, boosted by a tax credit. Revenue also increased by 5.7% year-on-year to ₹11,906.7 crore, while EBITDA grew by 12.5% to ₹1,791 crore.

**Disclaimer:** *This article is for informational purposes only and should not be considered investment advice. Consult with a qualified financial advisor before making any investment decisions.*

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