Ashok Leyland Declares Second Interim Dividend of Rs 4.25 Per Share

22 May 2025 CW Team

Chennai-based Ashok Leyland Limited, part of the Hinduja Group and a global commercial vehicle manufacturer, declared a second interim dividend of Rs 4.25 per equity share for the financial year ended 31 March 2025. The face value of each share is Rs one.

Including this, the company has announced a total interim dividend of Rs 6.25 per share for FY25, representing 625 per cent of the face value. This reflects Ashok Leyland’s strong operational performance and robust financial position.

The second interim dividend will be paid to eligible shareholders on or before 14 June 2025. The company emphasised its ongoing commitment to enhancing shareholder value and returns.

Ashok Leyland also issued a disclaimer noting that forward-looking statements in this release are based on management assumptions and subject to risks and uncertainties which may cause actual results to differ.

Source:Ashok Leyland Limited Press Release

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..