NDL Ventures Ltd Receives NCLT Order Approving Merger with Hinduja Leyland Finance

NDL Ventures Limited (formerly NXTDIGITAL Limited) has received the final order from the Hon'ble National Company Law Tribunal (NCLT), Mumbai, approving the Scheme of Merger by Absorption of Hinduja Leyland Finance Limited into NDL Ventures Limited. The NCLT's order, dated November 03, 2026, sanctions the merger under Sections 230 to 232 of the Companies Act, 2013, subject to the terms and conditions specified in the order. The merger aims to leverage growth potential in the Non-banking finance sector and create shareholder value by enabling NDL Ventures to engage in the NBFC business. The Appointed Date for the merger is fixed as April 01, 2026. A certified copy of the NCLT Order is awaited.