business-standard said that Ashok Leyland has entered into a share purchase agreement with Nissan International Holding BV to acquire the latter’s 38 per cent stake in Hinduja Tech Limited (HTL) for Rs 70.20 crore.The commercial vehicle major on Thursday informed BSE that it has entered into a share purchase agreement with Nissan International Holding BV to acquire 58,500,000 shares for a total consideration of Rs.70,20,00,000/- constituting 38% in the paid-up share capital of Hinduja Tech Limited (HTL). Consequent to the aforesaid acquisition, HTL will become a wholly-owned subsidiary of the Company.
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