Merger18 Sept 2026, 07:20 pm
NDL Ventures Merger Hearing Set for Oct 1: NCLT Seeks Report
AI Summary
NDL Ventures Ltd (formerly NXTDIGITAL Limited) announced that the final hearing for the merger by absorption of Hinduja Leyland Finance Limited into NDL Ventures Limited was held on September 18, 2026. The National Company Law Tribunal (NCLT) has directed the Regional Director (Western Region, Mumbai) to file their report within a week. The NCLT has scheduled October 01, 2026, for the final hearing and disposal of the scheme. This follows an earlier intimation regarding an interim order and the fixing of the hearing date.
Key Highlights
- Merger hearing for Hinduja Leyland Finance and NDL Ventures held.
- NCLT directs Ministry of Corporate Affairs to file report within a week.
- Final hearing and disposal scheduled for October 01, 2026.
- Scheme is under Sections 230-232 of the Companies Act, 2013.
Price Impact
More from NDLVENTURE