Ashok Leyland Sanctions ₹305 Cr Investments in Subsidiaries VBCL and OHM

Chennai, August 14, 2025 – Ashok Leyland Limited has approved fresh equity infusions of up to ₹305 crore across two wholly owned subsidiaries to drive growth in conventional and electric mobility businesses. Key Investment Highlights ₹5.70 crore into Vishwa Buses and Coaches Limited (VBCL), targeted by March 2026. ₹300 crore into OHM Global Mobility (OHM), to be infused by March 2027. Both transactions are equity-based, in cash, and will not alter shareholding. Subsidiary Snapshot VBCL: Bus and coach body manufacturer; FY25 revenue ₹295.35 crore, up sharply from ₹99.94 crore in FY23. OHM: Electric Mobility-as-a-Service operator; FY25 revenue ₹50.37 crore, up from nil in FY23. Strategic Significance Strengthens Ashok Leyland’s traditional vehicle manufacturing through VBCL. Accelerates push into clean mobility solutions via OHM’s EV operations. Aligns with long-term strategy to diversify and future-proof the business. Compliance Related party transactions, but conducted at arm’s length. No special approvals beyond SEBI LODR compliance. Bottom Line: Ashok Leyland’s ₹305 crore commitment underscores a dual growth path—consolidating its leadership in buses and coaches, while scaling its footprint in electric mobility services. Disclaimer: This article is for information purposes only and should not be considered as investment advice or a recommendation to buy/sell any security. Readers are advised to consult a qualified financial advisor before making any investment decisions.