ASHOK LEYLAND LTD. - Introduction Of Voluntary Retirement Scheme ('VRS') For All Eligible Employees Of The Company.

We hereby inform you that the Board of Directors of the Company at its meeting held on November 06,2020 has approved the introduction of Voluntary Retirement Scheme ('VRS') for all eligible employees of the Company. The VRS will be implemented over a period of 9 months at the Company offices/factory locations.<BR> <BR> VRS upon implementation and execution will help optimize the capacity and resources of the Company. <BR> <BR> This is for your information and records please.<BR>