What is Ashok Leyland Finance?

Ashok Leyland Finance Limited provides hire purchase financing for the purchase of commercial vehicles.

What does Hinduja Leyland Finance do?

HLF is one of the leading vehicle finance NBFCs in India with a focus on urban and semi-urban markets. We provide retail finance through a wide range of vehicle financing products. Hinduja Leyland Finance was incorporated on November 12, 2008. HLF’s assets under management have grown at a CAGR of 53% to Rs.

Is Hinduja Leyland Finance a NBFC?

Hinduja Leyland Finance Ltd (HLF) was incorporated on November 12, 2008. Pursuant to a certificate issued by the Reserve Bank of India (“RBI”) on March 22, 2010, our Company was permitted to commence operations as a non-banking financial comapany (“NBFC”) under section 45 IA of the Reserve Bank of India Act, 1934.

What is the share capital of Ashok Leyland finance?

It is classified as Non-govt company and is registered at Registrar of Companies, Chennai. Its authorized share capital is Rs. 2,550,000,130 and its paid up capital is Rs. 0. It is inolved in Monetary Intermediation [This group includes the obtaining of funds in the form of deposits]

Who is the parent company of Ashok Leyland?

During the year the Company Ashok Leyland Nissan Vehicles Limited (subsidiary) and Nissan Ashok Leyland Powertrain Limited Nissan Ashok Leyland Technologies Limited (joint ventures) entered into restructuring and settlement agreements with Nissan Motor Co. Ltd Japan (NML).

Where does Ashok Leyland get its buses from?

The Company has bagged a contract from the Ministry of Tourism & Hospitality Industry Government of Zimbabwe for supply of 670 vehicles valued at approx. USD 50 million. The company received an order for 2200 buses from the Government of Sri Lanka’. The company bags major projects from Africa worth USD 79.2 mn.

When did the collaboration with Ashok Leyland end?

The collaboration ended sometime in 1975 but the holding of British Leyland, now a major British auto conglomerate as a result of several mergers, agreed to assist in technology, which continued until the 1980s.