Ashok Leyland Wins ₹222.65 Crore DTC Arbitration Award

Date: July 13, 2026

Arbitration Proceedings Against Delhi Transport Corporation

Opposing Party: Delhi Transport Corporation (DTC)
Tribunal: Arbitral Tribunal, New Delhi
Nature of Dispute: Ashok Leyland Limited supplied buses to Delhi Transport Corporation between 2009-2011 against a tender invited by DTC. The company raised certain claims related to these contracts and initiated arbitration proceedings against DTC in 2013.

Arbitration Award Details

Original Claim by Ashok Leyland: ₹445 Crore
Counterclaim by DTC: ₹136 Crore
Award Date: July 6, 2026
Award Outcome: Majority award in favor of Ashok Leyland
Award Amount: ₹222.65 Crore (part of original claim allowed)
Interest Award: 10% per annum for pre-arbitration period, pendente lite, and from award date until payment
Legal Costs Awarded: ₹2.96 Crore to Ashok Leyland
Counterclaim Outcome: Entire counterclaim of DTC (₹136 Crore) rejected by the Tribunal

Current Status and Next Steps

The Company is currently reviewing the contents of the award
The final award amount inclusive of interest is being ascertained
The Company is considering available options for the remaining amount claimed (₹222.35 crore) but not awarded
Expected financial implications are still being ascertained

Regulatory Compliance

The information has been made available on the company website at www.ashokleyland.com

Signatory Details