Ashok Leyland Shares in Focus; Partners with Shriram Automall for Pre-Owned Commercial Vehicles Business

Written by: Team Angel OneUpdated on: 23 Jul 2026, 8:59 pm IST
Ashok Leyland has partnered with Shriram Automall India to establish a transparent ecosystem for buying and selling certified pre-owned commercial vehicles.
Ashok Leyland Shares in Focus
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Ashok Leyland has partnered with Shriram Automall India Ltd (SAMIL) to strengthen the market for certified pre-owned commercial vehicles in India, as per The PTI news report. 

The collaboration aims to create a transparent platform for buying and selling used commercial vehicles, while improving customer confidence and convenience across the country. 

Partnership to Focus on Certified Vehicles 

The partnership aims to create a transparent and trusted ecosystem for certified pre-owned commercial vehicles. 

It seeks to offer customers quality-assured mobility solutions while making buying and selling more reliable and seamless. 

Companies Bring Complementary Strengths 

The collaboration brings together Ashok Leyland's commercial vehicle expertise and Shriram Automall India Ltd's extensive network and customer base in the used vehicle segment. 

The companies expect the partnership to enhance the overall ownership experience while creating greater value for customers in the pre-owned commercial vehicle market. 

Management Highlights Collaboration 

Viplav Shah, Head – LCV, Ashok Leyland, stated "By combining Ashok Leyland's deep expertise in the commercial vehicle industry with Shriram Automall's strong network and customer base in the used vehicle segment, we aim to create greater value and a seamless ownership experience for customers. 

Sameer Malhotra, Director and Chief Executive Officer, Shriram Automall India Ltd, stated, "Together, we aim to create greater value for customers by providing a transparent, efficient, and reliable platform that simplifies the buying and selling of pre-owned commercial vehicles across the country." 

Read More: India's Auto Parts Industry to Grow 10% Annually with Semiconductor, Defence, EV Expansion! 

Ashok Leyland Share Price Performance  

As of 23 July 2026, at 2:37 PM, Ashok Leyland Ltd share price was trading at ₹151.12 per share, reflecting a decline of 0.90% from the previous trading session. 

Conclusion 

The partnership brings together the capabilities of Ashok Leyland and Shriram Automall India to strengthen the certified pre-owned commercial vehicle ecosystem, with a focus on improving transparency, reliability and customer convenience across the country. 

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jul 23, 2026, 3:29 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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