NDL Ventures shareholders approve merger scheme with Hinduja Leyland Finance
NDL Ventures Limited shareholders approved the Scheme of Merger by Absorption of Hinduja Leyland Finance Limited. The NCLT convened meeting was held on July 30, 2026. The merger is effective from April 01, 2026. The resolution was passed with a significant majority.
A merger is a significant corporate event that can fundamentally alter the company's structure, operations, and market position, thus having a high impact.
The announcement details the successful approval of a significant corporate action, a merger, by the company's shareholders, which is generally viewed positively.
NDL Ventures Limited (formerly NXTDIGITAL Limited) announced the voting results of the Hon’ble NCLT Convened Meeting of Equity Shareholders held on July 30, 2026. The meeting, conducted via Video Conferencing/Other Audio Visual Means, approved one resolution with the requisite majority.
The resolution concerned the Scheme of Merger by Absorption of Hinduja Leyland Finance Limited (Transferor Company) with NDL Ventures Limited (Transferee Company) and their respective Shareholders. This merger is set to take effect from April 01, 2026, referred to as the Appointed Date.
The voting results, along with the Scrutinizer’s Report dated July 30, 2026, have been made available on the Company’s website (https://www.ndlventures.in/investors/corporate-restructure/) and the National Securities Depository Limited website (www.evoting.nsdl.com). The meeting saw 65 shareholders (3 promoters and 62 public) attend through Video Conferencing. A total of 138 members voted in favour of the merger scheme, representing 63,49,888 shares, with only 3 members voting against it, holding 30 shares.
What to do with a filing like this
NDL Ventures Limited filed this with the NSE as a statutory disclosure, categorised under merger. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by NDL Ventures Limited. Read the original for the full detail.