Catalyst Trusteeship releases pledge on Ashok Leyland shares
after close1 source ↓written by the desknot a recommendation
- its pledge
- 109 million shares
- of the company's
- 18.55%
- executed
- 27 Mar 2026
Catalyst Trusteeship Limited has released its pledge on 109 million shares of Ashok Leyland, representing 18.55% of the company's total share capital. This release, executed on 27 Mar 2026, marks the complete unwinding of the security arrangement for lenders to Hinduja Automotive Limited.
The release of these shares may enhance liquidity for Ashok Leyland, potentially impacting trading sentiment positively in the near term.
Not investment advice. For informational purposes only.