StockWatch
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TV Broadcasting & Software Production
Merger2 Jun 2026, 03:29 am

Nxtdigital Files Merger Application with NCLT

AI Summary

Nxtdigital Ltd has filed an application with the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, for the proposed merger by absorption of Hinduja Leyland Finance Limited into NDL Ventures Limited (formerly NXTDIGITAL Limited). This filing is a step towards the further development of the merger scheme, which is subject to approvals from the NCLT and other regulatory authorities. The company will provide further updates as per applicable regulations.

Key Highlights

  • Nxtdigital filed application with NCLT for merger scheme.
  • Merger involves Hinduja Leyland Finance and NDL Ventures.
  • Scheme is subject to NCLT and regulatory approvals.
  • Further developments will be disclosed as required.