As of December 2025, 51.51% is owned by Foreign Promoters and 48.49% by Public.

Institutional holds 38.14% (Insurance Companies 4.80%) and Non-Institutional holds 10.30% as Public shareholders.

Top four Promoters holding highest number of shares of Ashok Leyland company are Hinduja Automotive Limited (20388.57 lakhs shares / 34.99%), Jp Morgan Chase Bank, Na (6584.00 lakhs shares / 11.30%), HINDUJA BANK (SWITZERLAND) LTD

(Beneficiary - Hinduja Automotive Limited) (2898.08 lakhs shares / 4.97%) and Hinduja Foundries Holding Limited (142.55 lakhs shares / 0.24%).

Out of 30013.21 lakhs shares, Promoters of Ashok Leyland Company has over 12350.00 lakhs (41.14%) shares on pledge as of December 31, 2025.