Ashok Leyland bags $50m order from Zimbabwe
Apr 02 2014 , New Delhi
"The company has bagged a contract from the Ministry of Tourism and Hospitality Industry, Government of Zimbabwe, for supply of 670 vehicles valued at approx $ 50 million," Ashok Leyland said in a filing to the BSE.
"The order is planned to be executed in the financial year 2014-15," it added.
In a separate filing, the company said it has merged Ashley Services Ltd, a wholly-owned subsidiary, with itself.
Ashok Leyland shares today closed at Rs 23.40 apiece on the BSE, up 3.31 per cent from its previous close.