As of March 2025, 51.52% is owned by Foreign Promoters and 48.48% by Public.

Institutional holds 37.56% (Insurance Companies 6.26%) and Non-Institutional holds 10.84% as Public shareholders.

Top four Promoters holding highest number of shares of Ashok Leyland company are Hinduja Automotive Limited (10194.29 lakhs shares / 35.00%), Jp Morgan Chase Bank, Na (3292.00 lakhs shares / 11.30%), Hinduja Bank (Switzerland) Ltd

(Beneficiary - Hinduja Automotive Limited) (1449.04 lakhs shares / 4.97%) and Hinduja Foundries Holding Limited (71.27 lakhs shares / 0.24%).

Out of 15006.60 lakhs shares, Promoters of Ashok Leyland Company has over 6175.00 lakhs (41.14%) shares on pledge as of March 31, 2025.