StockWatch
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TV Broadcasting & Software Production
Merger1 Jul 2026, 11:00 pm

NDL Ventures Shareholders to Vote on HLFL Merger on July 30

AI Summary

NDL Ventures Limited (formerly NXTDIGITAL Limited) has announced that a meeting of its equity shareholders will be held on July 30, 2026, at 12:00 p.m. IST via Video Conferencing/Other Audio Visual Means. This meeting, directed by the NCLT, is to consider and approve the proposed Scheme of Merger by Absorption of Hinduja Leyland Finance Limited (HLFL) into NDL Ventures. The company has appointed NSDL to provide e-voting facilities for shareholders. The cut-off date for e-voting is July 23, 2026, with remote e-voting from July 27 to July 29, 2026. The Notice, Explanatory Statement, and Annexures are available on the company's website.

Key Highlights

  • Shareholders meeting scheduled for July 30, 2026, to approve HLFL merger.
  • Meeting to be conducted via Video Conferencing/OAVM.
  • E-voting facility provided by NSDL for shareholder convenience.
  • Cut-off date for e-voting is July 23, 2026.
  • Merger is under Sections 230-232 of the Companies Act, 2013.