Ashok Leyland has expanded its international footprint with the incorporation of a new wholly owned subsidiary in Saudi Arabia, according to a stock exchange filing submitted on November 28, 2025. The new entity, Ashok Leyland Saudi Company, has been set up by Ashok Leyland UAE LLC, itself a wholly owned subsidiary of Ashok Leyland Ltd.
The filing shows that the company has invested 5,00,000 Saudi Riyals (SR) as initial share capital in the newly formed subsidiary, which is registered as a One Person Limited Liability Company in the Kingdom of Saudi Arabia. The event occurred at 15:55 hours IST on November 28, 2025, and has been disclosed under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements.
What will the new Saudi unit do?
According to Annexure A of the regulatory filing, the subsidiary has been incorporated with a clear operational purpose:
✔️ To set up a vehicle assembly plant in Saudi Arabia, focusing on bus and truck manufacturing for both domestic and export markets.
The filing confirms that all required approvals from the Saudi Ministry of Investment and Ministry of Commerce have already been received.
Ownership & capital details
- Holding company: Ashok Leyland UAE LLC
- Shareholding: 100% owned
- Authorized & paid-up capital: SR 5,00,000
- Share price: SR 1,000 per share
Why this matters
This move marks Ashok Leyland’s continued push into the Middle East region, strengthening its global manufacturing and export strategy. By creating a Saudi-based assembly plant, the company aims to tap deeper into one of the region’s fastest-growing commercial vehicle markets.
