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              Ashok Leyland Ltd has announced that the Board Committee at its meeting held on October 30, 2006, has allotted 5903708 shares of Re 1/- each on conversion of the above 4150 Notes effective October 31, 2006.
Further the Company has informed that, taking into account the above allotment, the total issued and paid-up capital of the Company as on October 31, 2006 is Rs 132,05,89,848 consisting of 132,05,89,848 equity shares of Re 1 each.