NDL Ventures Limited announces NCLT approval of merger with Hinduja Leyland Finance Ltd
NDL Ventures · Finance
Key highlights
- NCLT Mumbai Bench-I approved merger scheme of Hinduja Leyland Finance Limited into NDL Ventures Limited on November 3, 2026
- Share exchange ratio fixed at 25 equity shares of NDL for every 10 equity shares of Hinduja Leyland Finance Limited
- Scheme effective date is April 1, 2026; all employees and liabilities of transferor company transfer to transferee company
Why it's rated notable: The NCLT order makes the merger binding, but the filing states no value for Hinduja Leyland Finance Limited, so the level stays at medium under the no-figure rule against the ₹360 crore market value.
Original filing
Receipt Of Final Order From Hon'Ble NCLT In The Matters Of Merger By Absorption Of Hinduja Leyland Finance Limited Into NDL Ventures Limited
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.