ASHOK LEYLAND LTD. - Clarifies on News Item

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18 Feb 2014
With reference to the news item appearing in the newspaper titled "Ashok Leyland to sell prime property in Chennai", Ashok Leyland Ltd has clarified to BSE that the Company is exploring various options to cut down its debt and has also gone on press about its intention to divest Non-Core Assets in this regard. One of the identified non-core asset that is being looked at for sale will be a property situated in the Boat Club Area in Chennai. As of now the Company have not sold the property and may be the speculation would have arisen based on some enquiries on the property.
View all announcements for ASHOK LEYLAND LTD.	Source: BSE India

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