Ashok Leyland has signed a memorandum of understanding with South Indian Bank to provide financial services to its dealers, offering competitive finance options. This partnership aims to meet the business needs of both organizations.
As of 31-Mar-2024, promoters held 0.0 per cent stake in the company, while FIIs held 21.28 per cent and domestic institutional investors had 5.79 per cent.
The company has signed a Memorandum of Understanding (MoU) to provide financing to dealers under the bank s dealer finance programme, Ashok Leyland said in a statement.