Ashok Leyland Limited (ASHOKLEY.NS)

129.65 +0.80 (+0.62%) At close: 3:30PM IST

Ashok Leyland Limited

No.1, Sardar Patel Road
Guindy
Chennai 600032
India
91 44 2220 6000
http://www.ashokleyland.com

Sector(s): Consumer Cyclical
Industry: Auto Manufacturers
Full-time employees: 12,005

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Vipin Sondhi	CEO, MD & Non Independent Exec. Director	52.07M	N/A	N/A
Mr. Gopal Mahadevan	CFO & Whole Time Director	45.7M	N/A	1966
Mr. N. Ramanathan	Company Sec. & Compliance Officer	18.5M	N/A	N/A
Mr. Nitin Seth	Chief Operating Officer	N/A	N/A	1969
Mr. Anuj Kathuria	Chief Operating Officer	N/A	N/A	1969
Mr. K. Ramkumar	VP of Corp. Fin.	N/A	N/A	1966
Dr. N. Saravanan	Chief Technology Officer	N/A	N/A	1966
Mr. S. Venkataraman B.Com., Bl	Gen. Mang. of Legal	N/A	N/A	1958
Mr. N. V. Balachander	BR Head, Pres of HR and Head of CSR & Communications	N/A	N/A	1965
Rajesh Mani	Head of Marketing & Corp. Communication	N/A	N/A	N/A

Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Ashok Leyland Limited, together with its subsidiaries, manufactures and sells commercial vehicles in India and internationally. The company offers city, inter-city, school and college, staff, tourist, stage carrier, and airport buses; haulage and ICV distribution trucks, as well as tractors and tippers; light and small commercial vehicles, goods carriers, and passenger vehicles; and defense vehicles comprising logistics, high mobility, armored, light tactical, tracked, and simulator vehicles. It also provides power solutions, such as diesel generators, agriculture engines, industrial engines, and marine engines; spare parts, trailer axle and suspension kits, repair kits, and retro fitment kits; and vehicle and housing financing services. In addition, the company trades in commercial vehicles; offers manpower supply services and air chartering services; and driver training services. Further, it operates retail stores; and LeyKart, an e-commerce store for spare parts. The company was founded in 1948 and is based in Chennai, India. Ashok Leyland Limited is a subsidiary of Hinduja Automotive Limited.

Corporate governance

Ashok Leyland Limited’s ISS governance QualityScore as of 2 December 2020 is 2. The pillar scores are Audit: 5; Board: 5; Shareholder rights: 1; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.