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Ashok Leyland shares to trade ex-bonus from today — All You Need to Know

Published on 16/07/2025 07:57 AM

Ashok Leyland shares to trade ex-bonus from today — All You Need to KnowAshok Leyland had announced the issue of one bonus share for every one share held by the shareholders, as on the record date, which is today.By Hormaz Fatakia   July 16, 2025, 7:57:44 AM IST (Published)2 Min ReadShares of Ashok Leyland Ltd., the Medium and Heavy Commercial Vehicles manufacturer, will be trading adjusted for their bonus issue of shares from Wednesday, July 16.

The company had announced the issue of one bonus share for every one share held by the shareholders, as on the record date, which is today.

This means that the shares that were in the demat account of shareholders as of closing on Tuesday, will be issued bonus shares in equal proportion.

For example, if a shareholder had 20 shares of Ashok Leyland, worth ₹4,000, they will now turn into 40 shares (adjusted for 1:1), but the value will remain the same as the underlying price will halve, adjusting for the bonus ratio.

At the end of the March quarter, Ashok Leyland had close to 14.2 lakh small retail shareholders, or those with an underlying share capital of up to ₹2 lakh. These shareholders held a 9.38% stake in the company as of March 31, 2025.

This was the first bonus issue announced by Ashok Leyland after nearly a decade-and-a-half. The last instance of the company announcing a bonus issue of shares was back in 2011.

Shares of Ashok Leyland ended 0.8% lower on Tuesday at ₹250.85. The stock has gained 6.5% in the last one month, taking their year-to-date advance to 12.6%.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsAshok LeylandBonus IssueBonus sharesshare market today