NCLT convened shareholder meeting on July 30 for HLFL merger

Nclt Scheme FiledListed Co AcquisitionStrategic Transactions View source PDF

NDLVENTURE · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+0.7%1-day move

₹133.00

prior close

—

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————+0.7+0.1+0.9-1.1-1.5-0.7-4.9———

Up moveDown movePending

AI summary

NCLT Mumbai has directed NDL Ventures to hold a court-convened meeting of equity shareholders on July 30, 2026 at noon via video conferencing to approve the Scheme of Merger by Absorption of Hinduja Leyland Finance Limited (HLFL) into NDL Ventures under Sections 230-232 of the Companies Act 2013. E-voting runs from July 27 to July 29, 2026, with cut-off date July 23, 2026. Notice and explanatory statement sent electronically to shareholders.

Likely market impact

Shareholders vote on merging HLFL into NDL Ventures. Approval moves the scheme closer to completion; rejection could derail it.