NSEUpdates13 Jul 2026 · 13 Jul 2026, 12:41 pm

Updates

Ashok Leyland Limited · ASHOKLEY

✦ AI SummaryLitigation

Ashok Leyland Limited has informed the Exchange regarding 'Intimation under Regulation 30 of SEBI Listing Regulations' regarding an Arbitral Tribunal Award dated 6th July 2026 allowing part of the claims of AL in the sum of ₹222.65 Crore plus interest.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10

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Ashok Leyland Limited has informed the Exchange regarding 'Intimation under Regulation 30 of SEBI Listing Regulations'.

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ASHOKLEYLAND_13072026123418_ALDTCAwardSEIntimation1.pdf

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July 13, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers C-1, Block G, Bandra Kurla Complex Dalal Street Bandra (E), Mumbai – 400 051 Mumbai - 400 001 SCRIP CODE: ASHOKLEY SCRIP CODE: 500477 Dear Sir/Madam, Reg: Intimation under Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Pursuant to Regulation 30 of SEBI Listing Regulations, we hereby submit the details of Order issued to the Company by the Arbitral Tribunal, New Delhi. The above information is also made available on the website of the Company at www.ashokleyland.com. We request you to take the same on record. Thanking you, Yours faithfully, For ASHOK LEYLAND LIMITED N RAMANATHAN COMPANY SECRETARY Particulars Disclosure Name of the opposing party Delhi Transport Corporation (DTC) Court/Tribunal/Authority Arbitral Tribunal, New Delhi Ashok Leyland Limited ("AL") had supplied buses to Delhi Transport Corporation (DTC) between years 2009-2011 Brief details of litigation/dispute against a tender invited by DTC. In pursuance of the contracts with DTC, AL had raised certain claims for which AL had initiated arbitration against DTC in year 2013. Expected financial implications, if Is being ascertained Original claim by AL ₹445 Crore; Counterclaim by DTC ₹136 Quantum of claims Crore Arbitral Tribunal vide its majority Award dated 6th July 2026 allowed part of the claims of AL in the sum of ₹222.65 Crore plus interest @10% per annum for the period of pre- arbitration, pendente lite and from the date of the Award till payment of the awarded amount along with legal cost of ₹2.96 The details of any change in the Crore. The Tribunal has rejected the entire counter claim of status and / or any development in DTC. relation to such proceedings; The Company is in the process of reviewing the contents of the award, ascertaining the final award amount inclusive of interest, and considering available options for the remaining amount claimed but not awarded. In the case of litigation against key Not applicable management personnel or its promoter or ultimate person in control, regularly provide details of any change in the status and / or any development in relation to such proceedings. In the event of settlement of the Not applicable proceedings, details of such settlement including - terms of the settlement, compensation/penalty paid (if any) and impact of such settlement on the financial position of the Company.