StageCorporate Majority | Acquired
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Latest Ashley Aviation News
Jan 10, 2019
Ashok Leyland gains 2% on bus orders from STU; acquires additional stake in Ashley Aviation The company has acquired additional 5,00,010 shares of Rs 10 each constituting 12.50 percent in the paid-up share capital of Ashley Aviation. × Shares of Ashok Leyland gained 2.7 percent in the early trade on Thursday as company bagged an order to provide buses from state transports. The company bagged orders from IRT (Institute of Road Transport, Chennai), UPSRTC (Uttar Pradesh State Roadways Transport Corporation) and CTU (Chandigarh Transport Undertaking) for 2580 buses. These orders, are among the largest from STU's for a single OEM. All these buses can be delivered before March 2019. Vinod K. Dasari, Managing Director, Ashok Leyland said, "We are very happy to receive the confirmation of these orders from State Transport Undertakings. Our ability to bring value, combined with our superior technology and innovation will help us maintain our leadership position in buses in India." related news
Ashley Aviation Frequently Asked Questions (FAQ)
Where is Ashley Aviation's headquarters?
Ashley Aviation's headquarters is located at 3379 Peachtree Road NE, Atlanta.
What is Ashley Aviation's latest funding round?
Ashley Aviation's latest funding round is Corporate Majority.
Who are the investors of Ashley Aviation?
Investors of Ashley Aviation include Ashok Leyland.
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