NDL Ventures to Host Shareholder Meeting for Merger of Hinduja Leyland Finance into Transferee Company
NDL Ventures Limited, formerly known as NXTDIGITAL Limited, has scheduled a special meeting of its Equity Shareholders to consider and approve the proposed Scheme of Merger by Absorption of Hinduja Leyland Finance Limited (HLFL) into NDL Ventures Limited.The planned transaction involves the absorption of Hinduja Leyland Finance Limited (Transferor Company/HLFL) into NDL Ventures Limited (Transferee Company/NDL). This meeting is being convened following an order dated June 17, 2026, issued by the Hon'ble Company Law Tribunal, Mumbai Bench (NCLT).
The company will hold the shareholder meeting on Thursday, July 30, 2026, at 12:00 p.m. (noon) IST. The meeting is scheduled to be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM) to deliberate upon and potentially approve the merger scheme, which covers all applicable provisions of the Companies Act, 2013.
E-Voting Details for Shareholders
To facilitate shareholder participation in the proposed transaction, National Securities Depository Limited (NSDL) has been appointed to manage the electronic voting facility for NDL Ventures Limited's equity shareholders. Key dates and times for remote e-voting are as follows:| Parameter | Detail |
|---|---|
| Cut-off Date for E-Voting | Thursday, July 23, 2026 |
| Start Date and Time (E-Voting) | Monday, July 27, 2026, at 9:00 a.m. IST |
| End Date and Time (E-Voting) | Wednesday, July 29, 2026 at 5:00 p.m. IST |
The notice regarding the merger includes an Explanatory Statement detailing the proposed scheme of merger and relevant annexures. Shareholders are advised that those attending the meeting via VC or OAVM who have not cast their vote through remote e-voting will be eligible to do so during the meeting itself.
Information, instructions for attendance at the meeting, and details regarding voting procedures have been provided in the Notice of the Meeting, which is also available on the company website.
NDLVENTURE Stock Price Movement
On Wednesday, shares of NDL Ventures Limited edged higher to close at ₹133.06, marking a 2.44% gain for the equity. The stock traded within a day range defined by a low of ₹129.25 and a high of ₹134.80, recording total volume of 29,799 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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