Ashok Leyland Board Clears Rs 325 Crore for Optare, Rs 500 Crore for Housing Arm
Money again earmarked for loan repayment, even as U.K. the U.K. subsidiary's top line nearly tripled in two years.
Shahkar Abidi
14 Aug 2026
Company says equity it keeps putting into UK subsidiary Optare Plc is being used to retire loans on Switch Mobility's UK books, and that its Indian electric vehicle arm is no longer drawing on the parent.
Read moreMoney again earmarked for loan repayment, even as U.K. the U.K. subsidiary's top line nearly tripled in two years.
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