Ashok Leyland announced that the Board of Directors of Optare PLC had allotted 649,63,55,352 ordinary shares of £0.001 each at an issue price of £0.006927 each (i.e. at a premium of 0.005927 per share) to the company at their meeting held on 01 April 2025.

Post allotment the shareholding of the company in Optare PLC has increased by 0.41%i.e. from 92.59% to 93%.