﻿{"id":7476,"date":"2026-10-22T20:30:31","date_gmt":"2026-10-22T15:00:31","guid":{"rendered":"https:\/\/www.wittytrades.com\/market-news\/ashokley-share-price-today-2026-10-22\/"},"modified":"2026-10-22T20:30:32","modified_gmt":"2026-10-22T15:00:32","slug":"ashokley-share-price-today-2026-10-22","status":"publish","type":"post","link":"https:\/\/www.wittytrades.com\/market-news\/ashokley-share-price-today-2026-10-22\/","title":{"rendered":"Ashok Leyland Share Price Today: Why ASHOKLEY Is Falling 0.48% | 22 October 2026"},"content":{"rendered":"<style id=\"wt-article-style-v4\">:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) { color:#30475c; font-size:16px; line-height:1.65; min-width:0; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *::before, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) *::after { box-sizing:border-box; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-copy { font-size:16px !important; 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}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-button { display:inline-block; background:#10233f; color:#fff !important; padding:10px 17px; border-radius:7px; text-decoration:none !important; font-size:15px; font-weight:800; line-height:1.5; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-dark .wt-cta-button { background:#ffe36e; color:#10233f !important; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-faq h3 { color:#173b58 !important; font-size:17px !important; line-height:1.45; margin:18px 0 6px !important; }\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) > p:last-child { font-size:13px; line-height:1.55; color:#606b78; border-top:1px solid #e1e7ef; padding-top:13px; margin-top:16px; }\n@media (max-width:960px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip { grid-template-columns:repeat(3,minmax(0,1fr)); }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row { grid-template-columns:1.7fr 1fr 1.2fr 1.2fr; gap:10px; }\n}\n@media (max-width:650px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid { grid-template-columns:1fr; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-metrics { grid-template-columns:repeat(2,minmax(0,1fr)); }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-card { padding:14px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row { grid-template-columns:repeat(2,minmax(0,1fr)); gap:10px 14px; padding:12px 0; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-person, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-insider-row > div:last-child { grid-column:1 \/ -1; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta { padding:17px 15px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-cta-title { font-size:18px; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div { padding:9px !important; }\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-funds .wt-card-title, :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-grid-funds .wt-card-body { font-size:15px; }\n}\n@media (max-width:420px) {\n :is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip { grid-template-columns:repeat(2,minmax(0,1fr)); }\n}<\/p>\n<p>:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div {border:1px solid #dde6ee;border-radius:8px;background:#f9fbfd;}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) .wt-price-strip > div > div:last-child {font-weight:800;color:#17324d;}\n:is(.wt-article-v4,.single-post .entry-content .wt-article-v4) h2 {font-size:24px !important;line-height:1.35 !important;margin:28px 0 14px !important;color:#173b58;}\n<\/style>\n<div class=\"wt-article-v4\" data-witty-phase=\"live\" data-article-version=\"4\">\n<p class=\"wt-market-date\"><strong>NSE: ASHOKLEY<\/strong> \u00b7 22 October 2026<\/p>\n<div class=\"wt-price-strip\">\n<div>\n<div>Price<\/div>\n<div>\u20b9146.03<\/div>\n<\/div>\n<div>\n<div>Change<\/div>\n<div>-0.48%<\/div>\n<\/div>\n<div>\n<div>High \/ Low<\/div>\n<div>\u20b9147.29 \/ \u20b9143.04<\/div>\n<\/div>\n<div>\n<div>Prev. Close<\/div>\n<div>\u20b9146.74<\/div>\n<\/div>\n<div>\n<div>Volume<\/div>\n<div>96.17 lakh<\/div>\n<\/div>\n<div>\n<div>Price as of<\/div>\n<div>22 October 2026 \u00b7 03:30 PM IST<\/div>\n<\/div>\n<\/div>\n<div class=\"wt-takeaways\">\n<div class=\"wt-card\" data-card=\"research\" style=\"background:#f4f8fd;border:1px solid #cbd8ea;border-left:4px solid #466fa5;border-radius:10px\">\n<div class=\"wt-card-title\">Key Takeaways<\/div>\n<div class=\"wt-card-body\">\n<ul class=\"wt-list\">\n<li>Ashok Leyland Ltd shares traded slightly lower on Wednesday, shedding 0.48% to close at \u20b9146.03 compared to its previous close of \u20b9146.74. The stock opened at \u20b9144.89, representing a negative gap of 1.26%, and moved within a day&#x27;s range of \u20b9143.04 and \u20b9147.29.<\/li>\n<li>ICRA Limited reaffirmed its credit ratings on the company&#x27;s various debt instruments, including [ICRA]A1+ for commercial paper and [ICRA]AA+ (Stable) for non-convertible debentures and fund-based bank facilities, covering a total rated amount of \u20b97,379.38 crores.<\/li>\n<li>Trading volume was 0.79 times the 20-day average daily volume.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<h2>Why is Ashok Leyland share price falling on 22 October 2026?<\/h2>\n<div class=\"wt-prose\">\n<p class=\"wt-copy\">Ashok Leyland Ltd shares traded slightly lower on Wednesday, shedding 0.48% to close at \u20b9146.03 compared to its previous close of \u20b9146.74. The stock opened at \u20b9144.89, representing a negative gap of 1.26%, and moved within a day&#x27;s range of \u20b9143.04 and \u20b9147.29.<\/p>\n<p class=\"wt-copy\">The broader market also faced downward pressure, with the Nifty declining by 0.88%. While the stock&#x27;s minor dip aligns with the broader market weakness, Ashok Leyland has experienced a more pronounced pullback over the short term, posting a 20-day return of -9.16%, even as it retains a modest gain of 0.71% over the trailing 5-day period.<\/p>\n<p class=\"wt-copy\">On the corporate front, the company announced that Mr. Raja Radhakrishnan, President and Chief Human Resources Officer, resigned from his position effective from the close of business hours on October 21, 2026, to explore entrepreneurial opportunities. While senior management changes offer important context regarding organizational transitions, there is no direct evidence linking this transition to today&#x27;s minor price movement.<\/p>\n<p class=\"wt-copy\">96.17 lakh shares traded by 22 October 2026 \u00b7 03:30 PM IST. This compares with a 20-day average daily volume of 1.22 crore shares (0.79 times). The five-day average daily volume was 1.32 crore shares. Separately, the NSE report for 22 October 2026 showed 40.27 lakh shares delivered, representing 41.87% of that day\u2019s traded volume. The same report recorded 44,660 trades.<\/p>\n<\/div>\n<div class=\"wt-likely-reason\">\n<div class=\"wt-card\" data-card=\"research\" style=\"background:#f4f8fd;border:1px solid #cbd8ea;border-left:4px solid #466fa5;border-radius:10px\">\n<div class=\"wt-card-title\">Likely Reason<\/div>\n<div class=\"wt-card-body\"><strong>broad market correlation and ongoing consolidation<\/strong><\/p>\n<p class=\"wt-copy\">The stock&#x27;s minor decline appears largely aligned with broader market weakness, occurring alongside subdued trading volumes and no single confirmed company-specific catalyst driving today&#x27;s price action.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<aside class=\"wt-cta wt-cta-yellow\">\n<div class=\"wt-cta-title\">Research the Market \u2014 Not Just the Headline<\/div>\n<p class=\"wt-cta-copy\">Explore WittyTrades research across market segments.<\/p>\n<p><a class=\"wt-cta-button\" href=\"https:\/\/www.wittytrades.com\/Segments.html\">Explore WittyTrades Research \u2192<\/a><\/aside>\n<h2>Latest Company Developments<\/h2>\n<div class=\"wt-grid wt-grid-news\">\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Reaffirmation of Credit Ratings by ICRA<\/div>\n<div class=\"wt-card-date\">9 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">ICRA Limited reaffirmed its credit ratings on the company&#x27;s various debt instruments, including [ICRA]A1+ for commercial paper and [ICRA]AA+ (Stable) for non-convertible debentures and fund-based bank facilities, covering a total rated amount of \u20b97,379.38 crores.<\/p>\n<p class=\"wt-copy\">Credit rating reaffirmations underscore the company&#x27;s strong financial stability and high creditworthiness across its debt obligations.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/ASHOKLEYLAND_09102026154018_40Creditratings09102026PDF.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Monthly Business Sales Update for September 2026<\/div>\n<div class=\"wt-card-date\">1 October 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">The company reported total domestic and export vehicle sales of 24,049 units for September 2026, marking a 28% increase compared to 18,813 units sold in September 2025. Total M&amp;HCV sales rose by 37% to 16,188 units, driven by robust growth in the truck segment.<\/p>\n<p class=\"wt-copy\">Monthly volume figures provide clear visibility into ongoing commercial vehicle demand and operational momentum.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/ASHOKLEYLAND_01102026125007_39salesvolumeSep2026.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Earnings \/ operating update<\/div>\n<div class=\"wt-card-date\">14 August 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Ashok Leyland Limited has submitted to the Exchange, the unaudited financial results for the period ended Jun 30, 2026.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/ASHOKLEYLAND_14082026130404_resultsfinaljune302026.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"news\" style=\"background:#fff;border:1px solid #dce5eb;border-left:4px solid #2e7db2;border-radius:10px\">\n<div class=\"wt-card-title\">Company update<\/div>\n<div class=\"wt-card-date\">11 August 2026<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">allotment of 30000 securities pursuant to Non Convertible Securities at its meeting held on August 10, 2026.<\/p>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/ASHOKLEYLAND_10082026192413_SEINTIMATIONNCDALLOTMENTPDF.pdf\" rel=\"noopener\">Original source \u2192<\/a><\/div>\n<\/div>\n<\/div>\n<h2>Ownership &amp; Transaction Activity<\/h2>\n<div class=\"wt-grid wt-grid-ownership\">\n<div class=\"wt-card\" data-card=\"ownership\" style=\"background:#fff8e8;border:1px solid #ecd39e;border-left:4px solid #cc922c;border-radius:10px\">\n<div class=\"wt-card-title\">Shareholding<\/div>\n<div class=\"wt-card-date\">As of 30 September 2026<\/div>\n<div class=\"wt-card-body\">\n<div class=\"wt-grid wt-grid-metrics\">\n<div class=\"wt-metric\">\n<div class=\"wt-label\">Promoter holding<\/div>\n<div class=\"wt-value\">51.51%<\/div>\n<div class=\"wt-note\">51.51% on 30 June 2026<\/div>\n<\/div>\n<div class=\"wt-metric\">\n<div class=\"wt-label\">FII\/FPI<\/div>\n<div class=\"wt-value\">19.90%<\/div>\n<div class=\"wt-note\">20.68% on 30 June 2026<\/div>\n<\/div>\n<div class=\"wt-metric\">\n<div class=\"wt-label\">Institutional holding<\/div>\n<div class=\"wt-value\">36.54%<\/div>\n<div class=\"wt-note\">36.44% on 30 June 2026<\/div>\n<\/div>\n<\/div>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1742256_20102026024923_WEB.xml\" rel=\"noopener\">NSE shareholding filing \u2192<\/a><\/div>\n<\/div>\n<\/div>\n<h2>Mutual Fund Holdings<\/h2>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">Mutual-fund ownership<\/div>\n<div class=\"wt-card-body\">\n<p class=\"wt-copy\">Mutual funds held 9.94% on 30 September 2026. This compares with 9.73% on 30 June 2026, a change of +0.21 percentage points.<\/p>\n<p class=\"wt-copy\">The filing reported 45 MF\/UTI holders.<\/p>\n<div class=\"wt-grid wt-grid-funds\">\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">KOTAK MAHINDRA TRUSTEE CO LTD (Under different sub accounts)<\/div>\n<div class=\"wt-card-date\">30 September 2026<\/div>\n<div class=\"wt-card-body\">7.74 crore shares \u00b7 1.33%<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">ICICI PRUDENTIAL MUTUAL FUND (Under different sub accounts)<\/div>\n<div class=\"wt-card-date\">30 September 2026<\/div>\n<div class=\"wt-card-body\">6.56 crore shares \u00b7 1.13%<\/div>\n<\/div>\n<div class=\"wt-card\" data-card=\"funds\" style=\"background:#f7f9fc;border:1px solid #d5e0ea;border-left:4px solid #6a849c;border-radius:10px\">\n<div class=\"wt-card-title\">SBI MUTUAL FUND (Under different sub accounts)<\/div>\n<div class=\"wt-card-date\">30 September 2026<\/div>\n<div class=\"wt-card-body\">6.44 crore shares \u00b7 1.11%<\/div>\n<\/div>\n<\/div>\n<div class=\"wt-note wt-source-note\">These are quarterly holdings, rather than purchases or sales on the article date.<\/div>\n<p><a class=\"wt-source\" href=\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1742256_20102026024923_WEB.xml\" rel=\"noopener\">NSE shareholding filing \u2192<\/a><\/div>\n<\/div>\n<h2>Research &amp; Brokerage Views<\/h2>\n<div class=\"wt-grid wt-grid-brokerage\">\n<div class=\"wt-card\" data-card=\"research\" style=\"background:#f4f8fd;border:1px solid #cbd8ea;border-left:4px solid #466fa5;border-radius:10px\">\n<div class=\"wt-card-title\">Motilal Oswal<\/div>\n<div class=\"wt-card-date\">2 April 2026<\/div>\n<div class=\"wt-card-body\">\n<div class=\"wt-broker-facts\"><span><span class=\"wt-label\">Rating<\/span><strong>Buy<\/strong><\/span><span><span class=\"wt-label\">Target price<\/span><strong>\u20b9198.00<\/strong><\/span><\/div>\n<p class=\"wt-copy\">Maintained a Buy rating reflecting confidence in medium-term commercial vehicle demand and margin expansion outlook.<\/p>\n<div class=\"wt-note wt-source-note\">Attributed brokerage opinion; not a WittyTrades recommendation.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2>What to Watch Next<\/h2>\n<ul class=\"wt-list\">\n<li>Progress on the transition and appointment of a successor for the CHRO role<\/li>\n<li>Upcoming financial results and quarterly earnings updates<\/li>\n<li>Monthly sales volume figures for October 2026<\/li>\n<li>Delivery participation levels relative to the 20-day average volume of 96.16 lakh shares<\/li>\n<\/ul>\n<h2>Other Dated Coverage<\/h2>\n<ul class=\"wt-list\">\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/ashokley-share-price-today-2026-10-07\/\">Ashok Leyland Share Price Today: Why ASHOKLEY Is Falling 2.93% | 7 October 2026 \u2014 7 October 2026<\/a><\/li>\n<li><a href=\"https:\/\/www.wittytrades.com\/market-news\/ashokley-share-price-today-2026-10-01\/\">Why Ashok Leyland Shares Fell 2.41% Today on Heavy Volume | 1 October 2026 \u2014 1 October 2026<\/a><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.wittytrades.com\/market-news\/tag\/ashokley\/\">More Ashok Leyland news and dated analysis \u2192<\/a><\/p>\n<aside class=\"wt-cta wt-cta-dark\">\n<div class=\"wt-cta-title\">Looking for Research-Backed Market Opportunities?<\/div>\n<p class=\"wt-cta-copy\">Explore WittyTrades research across market segments.<\/p>\n<p><a class=\"wt-cta-button\" href=\"https:\/\/www.wittytrades.com\/Segments.html\">Explore WittyTrades Research \u2192<\/a><\/aside>\n<h2>Frequently Asked Questions<\/h2>\n<div class=\"wt-faq\">\n<h3>What is the latest Ashok Leyland company news?<\/h3>\n<p class=\"wt-copy\">ICRA Limited reaffirmed its credit ratings on the company&#x27;s various debt instruments, including [ICRA]A1+ for commercial paper and [ICRA]AA+ (Stable) for non-convertible debentures and fund-based bank facilities, covering a total rated amount of \u20b97,379.38 crores.<\/p>\n<h3>How strong was Ashok Leyland\u2019s trading volume?<\/h3>\n<p class=\"wt-copy\">96.17 lakh shares traded, 0.79 times the 20-day average daily volume. The price and volume data are dated 22 October 2026 \u00b7 03:30 PM IST.<\/p>\n<h3>Do the mutual-fund figures show buying today?<\/h3>\n<p class=\"wt-copy\">They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.<\/p>\n<\/div>\n<p><strong>Research &amp; analysis:<\/strong> <a href=\"https:\/\/www.wittytrades.com\/About_Us.html\">WittyTrades Research Desk<\/a><br \/><strong>Reviewed by:<\/strong> <a href=\"https:\/\/www.wittytrades.com\/About_Us.html\">Mohanish Sanghavi \u2014 SEBI Registered Research Analyst<\/a><\/p>\n<p>Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.<\/p>\n<\/div>\n<p><script type=\"application\/ld+json\">{\"@context\": \"https:\/\/schema.org\", \"@type\": \"NewsArticle\", \"@id\": \"https:\/\/www.wittytrades.com\/market-news\/ashokley-share-price-today-2026-10-22\/#article\", \"mainEntityOfPage\": {\"@type\": \"WebPage\", \"@id\": \"https:\/\/www.wittytrades.com\/market-news\/ashokley-share-price-today-2026-10-22\/\"}, \"headline\": \"Ashok Leyland Share Price Today: Why ASHOKLEY Is Falling 0.48% | 22 October 2026\", \"description\": \"Ashok Leyland share price fell 0.48% to \u20b9146.03 today. See why ASHOKLEY is falling, volume context, company developments and what to watch next.\", \"datePublished\": \"2026-10-22T20:30:19.411422+05:30\", \"dateModified\": \"2026-10-22T20:30:19.411422+05:30\", \"author\": {\"@type\": \"Organization\", \"name\": \"WittyTrades Research Desk\", \"url\": \"https:\/\/www.wittytrades.com\/About_Us.html\"}, \"reviewedBy\": {\"@type\": \"Person\", \"name\": \"Mohanish Sanghavi\", \"jobTitle\": \"SEBI Registered Research Analyst\", \"url\": \"https:\/\/www.wittytrades.com\/About_Us.html\"}, \"publisher\": {\"@type\": \"Organization\", \"name\": \"WittyTrades\", \"url\": \"https:\/\/www.wittytrades.com\/\"}, \"inLanguage\": \"en-IN\", \"image\": [\"https:\/\/www.wittytrades.com\/market-news\/wp-content\/uploads\/2026\/10\/ashokley-company-news-2026-10-22.jpg\"]}<\/script><!-- wt-article-record:{\"news_events\":[{\"title\":\"Change in Management\",\"summary\":\"change in Management\",\"source\":\"NSE\",\"published\":\"22-Oct-2026 16:36:00\",\"source_type\":\"official filing\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/ASHOKLEYLAND_22102026163541_42ChangeinSMPRajaRadhakrishnan.pdf\",\"disclosure_text\":\"October 22, 2026 Dear Sir\/Madam, Subject: Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 \u2013 Change in Senior Management Personnel Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations), we wish to inform you that Mr. Raja Radhakrishnan, Head - Special Projects \u2013 Human Resource, Senior Management Personnel, has resigned from the Company, with effect from the close of business hours of October 21, 2026. The details as per the SEBI master circular for compliance with provisions of the SEBI Listing Regulations by listed entities bearing circular number SEBI\/HO\/49\/14\/14(7)2025-CFD- POD2\/I\/3762\/2026 dated January 30, 2026, in Annexure A is attached herewith. A letter in this regard from Mr. Raja Radhakrishnan as required under Clause 7C of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is enclosed as Annexure B. We request you to kindly note and take the above information on record. Thanking you, Yours faithfully, for ASHOK LEYLAND LIMITED N Ramanathan Company Secretary National Stock Exchange of India Limited Exchange Plaza, C-1, Block G Bandra Kurla Complex Bandra (E), Mumbai - 400 051 SCRIP CODE: ASHOKLEY BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400 001 SCRIP CODE: 500477 Annexure \u2013 A Disclosure under Regulation 30(6) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 S.No Particulars Details 1. Reason for change viz., appointment, resignation, removal, death or otherwise Resignation 2. Date of appointment \/ cessation (as applicable) & term of appointment Close of business hours of October 21, 2026 3. Brief profile (in case of appointment) Not applicable 4. Disclosure of relationships between directors (in case of appointment of a director) Not applicable **** - To, Mr. Shenu Aggarwal MD & CEO Ashok Leyland Ltd. Dear Shenu, Thank you for taking the time to discuss my future career plans with me. I have given considerable thought to the various options available to me, including the idea of starting something of my own-an aspiration that has been on my mind for some time. After careful reflection, I have decide~ that the time is right for me to move on and explore some of the opportunities I have been considering. As and when a successor to my role is appointed, I will ensure a smooth and seamless transition and work closely with you and the incoming CHRO to enable an effective handover. I In addition, I would be open to continuing with the Ashok Leyland in any capacity where my capabilities can be meaningfully leveraged, till end of 2026. I am deeply grateful for the opportunity to have worked closely with you and the leadership team, and I look forward to partnering over the coming months to ensure a successful transition. Yours Sincerely, Raja Radhakrishnan President & CHRO \u2022\"}],\"recent_news\":[{\"summary\":\"Ashok Leyland Limited has submitted to the Exchange, the unaudited financial results for the period ended Jun 30, 2026.\",\"category\":\"Outcome of Board Meeting\",\"date\":\"14-Aug-2026 13:08:31\",\"source\":\"NSE filing\",\"industry\":\"Automobiles - 4 Wheelers\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/ASHOKLEYLAND_14082026130404_resultsfinaljune302026.pdf\",\"headline\":\"Earnings \/ operating update\",\"impact\":\"Earnings updates are directly relevant to valuation. Revenue growth, margins, profit growth and management guidance are the key items to compare with expectations.\",\"importance_score\":5,\"completeness_score\":4},{\"summary\":\"allotment of 30000 securities pursuant to Non Convertible Securities at its meeting held on August 10, 2026.\",\"category\":\"Allotment of Securities\",\"date\":\"10-Aug-2026 19:24:29\",\"source\":\"NSE filing\",\"industry\":\"Automobiles - 4 Wheelers\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/ASHOKLEYLAND_10082026192413_SEINTIMATIONNCDALLOTMENTPDF.pdf\",\"headline\":\"Company update\",\"impact\":\"This is a recent company development worth monitoring. It should not automatically be treated as the sole cause of today's price move.\",\"importance_score\":2,\"completeness_score\":4},{\"summary\":\"Ashok Leyland Limited has informed the Exchange that Ashok Leyland John Deere Construction Equipment Company Private Limited (ALJD), an associate of the Company, has been voluntarily liquidated.\",\"category\":\"General Updates\",\"date\":\"27-Jul-2026 11:32:43\",\"source\":\"NSE filing\",\"industry\":\"Automobiles - 4 Wheelers\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/ASHOKLEYLAND_27072026113226_SEINTIMATION_ALJDLIQUIDATIONPDF.pdf\",\"headline\":\"Company update\",\"impact\":\"This is a recent company development worth monitoring. It should not automatically be treated as the sole cause of today's price move.\",\"importance_score\":2,\"completeness_score\":4}],\"shareholding_snapshot\":{\"promoter_pct\":51.51,\"public_pct\":48.49,\"fii_pct\":19.9,\"dii_pct\":16.64,\"mf_pct\":9.94,\"institutional_pct\":36.54,\"noninst_pct\":11.89,\"mf_scheme_count\":45,\"pledged_shares\":null,\"pledged_pct_of_promoter\":null,\"mf_holders\":[{\"name\":\"KOTAK MAHINDRA TRUSTEE CO LTD (Under different sub accounts)\",\"shares\":77377082,\"pct\":1.33},{\"name\":\"ICICI PRUDENTIAL MUTUAL FUND (Under different sub accounts)\",\"shares\":65571791,\"pct\":1.13},{\"name\":\"SBI MUTUAL FUND (Under different sub accounts)\",\"shares\":64410188,\"pct\":1.11}],\"period\":\"30-SEP-2026\",\"submission_date\":\"20-OCT-2026\",\"source\":\"NSE shareholding pattern XBRL\",\"source_url\":\"https:\/\/nsearchives.nseindia.com\/corporate\/xbrl\/SHP_1742256_20102026024923_WEB.xml\",\"previous_period\":\"30-JUN-2026\",\"previous_promoter_pct\":51.51,\"previous_fii_pct\":20.68,\"previous_dii_pct\":15.76,\"previous_mf_pct\":9.73,\"previous_institutional_pct\":36.44,\"previous_mf_scheme_count\":44,\"previous_pledged_pct_of_promoter\":null,\"previous_pledged_shares\":null},\"brokerage_views\":[{\"brokerage\":\"Motilal Oswal\",\"rating\":\"Buy\",\"target\":\"198\",\"view_summary\":\"Ashok Leyland Shares In Focus As Motilal Oswal Maintains 'Buy' Rating \u2014 Check Target Price, Potential Upside NDTV Profit\",\"headline\":\"Ashok Leyland Shares In Focus As Motilal Oswal Maintains 'Buy' Rating \u2014 Check Target Price, Potential Upside\",\"published\":\"2026-04-02T07:00:00+00:00\",\"source\":\"NDTV Profit\"}]} --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ashok Leyland share price fell 0.48% to \u20b9146.03 today. See why ASHOKLEY is falling, volume context, company developments and what to watch next.<\/p>\n","protected":false},"author":1,"featured_media":7475,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_witty_seo_title":"Ashok Leyland Share Price Today: Why ASHOKLEY Is Falling 0.48% | 22 October 2026","_witty_meta_description":"Ashok Leyland share price fell 0.48% to \u20b9146.03 today. See why ASHOKLEY is falling, volume context, company developments and what to watch next.","_witty_primary_phrase":"Ashok Leyland share price today","_witty_reason_label":"broad market correlation and ongoing consolidation","_witty_reason_confidence":"low","footnotes":"","_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"","_yoast_wpseo_focuskw":"","rank_math_title":"","rank_math_description":"","rank_math_focus_keyword":"","_aioseop_title":"","_aioseop_description":""},"categories":[3,4],"tags":[147],"class_list":["post-7476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-movers","category-stocks-in-news","tag-ashokley"],"_links":{"self":[{"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/posts\/7476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/comments?post=7476"}],"version-history":[{"count":1,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/posts\/7476\/revisions"}],"predecessor-version":[{"id":7477,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/posts\/7476\/revisions\/7477"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/media\/7475"}],"wp:attachment":[{"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/media?parent=7476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/categories?post=7476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wittytrades.com\/market-news\/wp-json\/wp\/v2\/tags?post=7476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}