NDL Ventures Receives BSE NSE Merger No Objection

NDL Ventures received 'No Objection' letters from BSE and NSE for its proposed merger with Hinduja Leyland Finance, valid for six months.
The merger scheme is subject to further approvals from NCLT, shareholders, and other statutory authorities.
SEBI and the exchanges issued extensive disclosure requirements for shareholder communication, including pre and post-merger shareholding patterns.
The company must file the scheme with NCLT within six months and disclose the observation letters on its website within 24 hours.