Mumbai, June 4 -- The aforementioned order has been awarded to the company post normal tender process with standard business prudent norms, terms and conditions.

The total consider that would be received by Ashok Leyland is Rs 183.80 crore.

The buses have to be delivered during the period from June 2025 to December 2025.

Seperatelty, Ashok Leyland stated that its subsidiary Optare Plc. UK has entered into a share purchase agreement with Dana Ltd for purchase of their 1.01% stake in Switch Mobility Limited, UK (SML UK).

Post this acquisition, Optare Plc's shareholding in SML UK would increase from 98.56% to 99.57% and consequently, Optare Plc. UK along with Hinduja Automotive Limited, UK, will hold 100% in SML UK.

Ashok Leyland is en...