ASHOK LEYLAND LTD. - Outcome of Board Meeting - Dr. Sumantran steps down from role as Vice-Chairman of Hinduja Automotive Ltd

Ashok Leyland Ltd has informed BSE that :<br/><br/>1. Appointment of Mr. Vinod K Dasari as Managing Director<br/><br/>At the meeting of the Board of Directors of the Company held on March 13, 2014, the Board of Directors have unanimously appointed Mr. Vinod K Dasari as the Managing Director of the Company for a further period of three years with effect from April 01, 2014, subject to the approval of the shareholders at the ensuing General Meeting.<br/><br/>2. Dr. V. Sumantran stepping down from the Board of Directors of Ashok Leyland<br/><br/>At the meeting of the Board of Directors held on March 13, 2014, the Board of Directors accepted the resignation of Dr.V. Sumantran, Non-Executive Vice Chairman of the Company. His resignation will be effective from March 31,2014. <br/><br/>In this regard, the Company has issued a Press Release titled "Dr. Sumantran steps down from role as Vice-Chairman of Hinduja Automotive Ltd."