Ram Kumar 
Ashok Leyland Ex-Bonus Date
Shares of Ashok Leyland witnessed a decline for the second consecutive session on Wednesday, as the stock turned ex-bonus on July 16, 2025. The market reaction came after the company confirmed that eligible shareholders would receive bonus shares based on their holdings as of the record date.
Bonus Share Record Date Fixed at July 16
Ashok Leyland, one of India’s leading commercial vehicle manufacturers, had earlier announced July 16 as the record date to determine the shareholders eligible for the upcoming bonus share issue. The company will officially allot the bonus shares on Thursday, July 17, 2025, as per its filing with the exchanges.
Retail Investor Base Continues to Grow
As of March 31, 2025, Ashok Leyland had a robust retail investor base. Nearly 14.2 lakh small shareholders, each holding shares worth up to ₹2 lakh, were part of the company’s ownership. These retail investors collectively held a 9.38% stake in the company during the March quarter.
Why Shares Drop After Ex-Bonus Date
A decline in share price post the ex-bonus date is a normal market phenomenon. This is due to the stock adjusting its price to reflect the bonus issuance. Since new shares are issued at no additional cost, the value of each share typically drops in proportion to the bonus ratio, ensuring the total investment value remains unchanged for shareholders.
What Investors Should Know
Investors who held Ashok Leyland shares on or before July 16, 2025, are eligible to receive the bonus shares, which will be credited on July 17. The decline in the stock price does not indicate a drop in the company’s fundamentals but is a result of standard market adjustment after a corporate action like a bonus issue.
Disclaimer:- This article is for informational purposes only and does not constitute investment advice. Please consult your financial advisor before making any investment decisions. Data used is based on publicly available information as of July 16, 2025.
