Announced Fri, 31 Jul · 21:25 IST
NCLT meeting approves merger of Hinduja Leyland Finance into NDL Ventures
NDLVENTURE · price
▲ 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
-1.6%1-day move
₹128.00
prior close
₹129.99
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-2.1-1.9-2.3-1.6+0.0+0.4+1.4+1.6-0.8-3.7-3.9——
Up moveDown movePending
AI summary
Equity shareholders of NDL Ventures approved the Scheme of Merger by Absorption of Hinduja Leyland Finance (HLFL) into NDL Ventures at the NCLT convened meeting on July 30, 2026. Of 63.5 lakh shares voted (about 18.86 percent of total), 99.9995 percent were in favour with only 30 votes against. Promoter and public groups both backed it. Appointed date is April 01, 2026. Scheme now awaits final NCLT sanction.
Likely market impact
Shareholders approved the merger; HLFL to be absorbed into NDL Ventures effective April 1, 2026, subject to NCLT sanction.