Announced Fri, 19 Jun · 13:41 IST
NCLT orders shareholder meeting for Hinduja Leyland Finance merger 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
+4.7%1-day move
₹128.00
prior close
₹129.64
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.8+3.0+4.2+6.1+4.7+3.0+2.3+1.6+1.6+3.9+3.2+0.0——
Up moveDown movePending
AI summary
NDL Ventures received an NCLT order dated June 17, 2026 directing it to convene meetings of equity shareholders and unsecured creditors to consider and approve the proposed merger by absorption of Hinduja Leyland Finance into NDL Ventures. BSE and NSE had already given no adverse observation letters on May 20, 2026. The scheme is being pursued under Sections 230 to 232 of the Companies Act, 2013.
Likely market impact
Shareholders and unsecured creditors will now vote on the proposed merger. If approved, Hinduja Leyland Finance will merge into NDL Ventures.