Announced Thu, 30 Jul · 20:54 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
+1.3%1-day move
₹127.00
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+1.3-0.8+0.8+1.2+2.2+0.0-6.1-3.9——
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, effective April 1, 2026. The NCLT-convened meeting held on July 30, 2026 via video conferencing saw the resolution pass with requisite majority. Voting results will be announced within two working days, by August 3, 2026, after the Scrutinizer report.
Likely market impact
Key step toward merger completion. Scheme now awaits NCLT sanction and other regulatory approvals before becoming effective.