(18-May-2018 Hours IST)
This is to inform that the Board of Directors of the Company have approved the Scheme of Amalgamation of Ashok Leyland Vehicles Limited (Transferor Company 1), Ashley Powertrain Limited (Transferor Company 2) and Ashok Leyland Technologies Limited (Transferor Company 3) (together known as Transferor Companies) with Ashok Leyland Limited (Transferee Company) under Sections 230 to 232 of the Companies Act, 2013 read with relevant Rules as applicable, subject to various regulatory approvals and the Honorable National Company Law Tribunal, Chennai Bench. The Appointed Date for the Scheme of Amalgamation shall be April 1, 2018. The disclosure as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 is enclosed as Annexure - A. We request you to note and take the above information on record. Submission of Documents for Scheme of amalgamation of Ashok Leyland Vehicles Limited, Ashley Powertrain Limited and Ashok Leyland Technologies Limited with Ashok Leyland Limited (As per BSE Announcement date on 11/06/2018) This is to inform that the Honorable National Company Law Tribunal (NCLT), Chennai vide Order dated December 17, 2018, (received by us on December 20, 2018) have approved the Scheme of Amalgamation of Ashok Leyland Vehicles Limited, Ashley Powertrain Limited and Ashok Leyland Technologies Limited (Transferor Companies) with Ashok Leyland Limited (Transferee Company) and their respective shareholders and creditors pursuant to Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. The Appointed Date of the Scheme is April 1, 2018. The certified true copy of the Order will be filed with the Registrar of Companies, Chennai. (As Per BSE Announcement Dated on 21.12.2018) This is to inform you that as directed by the Hon'ble National Company Law Tribunal (NCLT), Chennai, vide its Order dated December 17, 2018 (received by us on December 20, 2018) approving the Scheme of Amalgamation of Ashok Leyland Vehicles Limited, Ashley Powertrain Limited, Ashok Leyland Technologies Limited (Transferor Companies) with Ashok Leyland Limited (Transferee Company), the Company has filed the amended Memorandum of Association of the Company with the Registrar of Companies, Chennai. The brief of the amendments to the object clause of the Company is given below: ... To engage in the business of developing, manufacturing and selling Light Commercial Vehicles upto 7.5 ton Gross Vehicle Weight (LCVs), powertrain for LCVs, (LCV Powertrains) and spare parts thereof in India and other countries. . to adopt changes to Light Commercial Vehicles (LCV) and LCV Powertrains that are cost-effective and indigenous. kindly note and take the above information on record. (As Per BSE Announcement Dated on 28.12.2018)
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