Hinduja Group Restructures: Finance Arm to Merge Into NDL Ventures

In a significant consolidation move within the Hinduja Group, the Competition Commission of India (CCI) has approved the merger of Hinduja Leyland Finance Ltd (HLFL) into NDL Ventures Ltd. The appointed date for the merger is set as April 1, 2026, subject to final approvals from the National Company Law Tribunal (NCLT).

The merger scheme involves the absorption of HLFL into NDL Ventures, with shareholders receiving 25 shares of NDL Ventures for every 10 shares held in HLFL. This restructuring is expected to enhance operational efficiency, strengthen the group’s financial services portfolio, and unlock long-term value for stakeholders.

Market reaction has been positive, with NDL Ventures’ shares gaining sharply following the announcement, reflecting investor confidence in the strategic consolidation.

Key Highlights

• Merger Approved: Hinduja Leyland Finance Ltd into NDL Ventures Ltd
• Appointed Date: April 1, 2026 (subject to NCLT approval)
• Share Swap Ratio: 25 NDL Ventures shares for every 10 HLFL shares
• Strategic Impact: Strengthens Hinduja Group’s financial services arm
• Market Response: NDL Ventures shares surged post-announcement

This merger marks a pivotal step in the Hinduja Group’s strategy to consolidate and expand its financial services footprint in India.

Sources: CNBC-TV18, The Economic Times, NDL Ventures Corporate Filings