NDL Ventures Limited has submitted a regulatory intimation to BSE Limited and National Stock Exchange of India Limited regarding the ongoing Scheme of Merger by Absorption of Hinduja Leyland Finance Limited (Transferor Company) into NDL Ventures Limited (Transferee Company).
The disclosure is made under Regulation 37 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, referencing the application under Sections 230 to 232 of the Companies Act, 2013.
This communication follows up on the company's previous intimation dated August 20, 2026, regarding an Interim Order from the Hon'ble National Company Law Tribunal, Mumbai (NCLT) that had set September 18, 2026, as the hearing date.
The matter was listed for final hearing before the Hon'ble NCLT on September 18, 2026. The Tribunal has directed the Regional Director (Western Region, Mumbai) of the Ministry of Corporate Affairs to file their report within one week, by approximately September 25, 2026.
The Hon'ble NCLT has fixed October 1, 2026, as the next date for final hearing and disposal of the matter.
The document was digitally signed by Sumati Sharma, Company Secretary & Compliance Officer (Membership No. A51019) of NDL Ventures Limited on September 18, 2026, at 18:49:02 IST.
Financial Impact
Financial impact not quantified in the disclosure. The update is procedural regarding the merger approval process.