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Ashok Leyland shares likely to react negatively tomorrow as company announces closure of one unit of EV arm Switch Mobilit
Shares of Ashok Leyland are likely to come under pressure in trade tomorrow, March 27 after the company disclosed the potential shutdown of its UK-based electric vehicle subsidiary’s manufacturing unit.
By 
Markets Desk                        
                    
 
                  
Ashok Leyland’s UK subsidiary Switch Mobility to cease manufacturing at Sherburn facility
Ashok Leyland has announced that its UK-based stepdown subsidiary, Switch Mobility Limited, has initiated a consultation process with employees regarding the future of its manufacturing and assembly operations at the Sherburn facility.
By 
Markets Desk                        
                    
 
                  
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