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Ashok Leyland, which is the flagship firm of Hinduja group, will be delisting its Global Depository Receipts (GDRs) from the London Stock Exchange.
Ashok Leyland has said in BSE filing that the board of the company, in a meeting held last week, had approved the proposal in this regard.
The company said that the board of directors of the company at its meeting held on March 5, 2016, had approved the proposal to delist the GDRs of the company from the London Stock Exchange.
It added that it would be subject to compliance of various formalities required in this regard.
