NDL Ventures Receives NCLT Order Directing Meetings for Proposed Merger of Hinduja Leyland Finance Limited

NDL Ventures Receives NCLT Order Directing Meetings for Proposed Merger of Hinduja Leyland Finance Limited​

NDL Ventures Ltd has received a crucial order from the National Company Law Tribunal (NCLT), directing the convening of meetings for its equity shareholders and unsecured creditors concerning the proposed merger by absorption of Hinduja Leyland Finance Limited.

The company announced that it received the Order, dated June 17, 2026, from the NCLT, Mumbai Bench on June 18, 2026. This directive relates to the proposed Scheme of Merger by Absorption of Hinduja Leyland Finance Limited (referred to as the Transferor Company) into NDL Ventures Limited (the Transferee Company), which was formerly known as NXTDIGITAL Limited.

Under the terms of the Order, the NCLT has directed the Transferee Company, NDL Ventures Limited, to hold a meeting for its equity shareholders and unsecured creditors. The purpose of this meeting is to consider and potentially approve the proposed Scheme.

The company stated that further developments in relation to the merger will be communicated as necessary.

NDLVENTURE Stock Price Movement​

As of 1:53 PM, NDL Ventures Limited shares are rallying, trading up by 3.45% and reaching ₹132.91. The stock sees brisk interest as 22,205 shares trade in the live market session.