General Updates

NDL Ventures Limited announced receiving an order from the National Company Law Tribunal (NCLT). This order directs the company to convene meetings of its Equity Shareholders and Unsecured Creditors. These meetings are a crucial procedural step for the proposed Scheme of Merger by Absorption of Hinduja Leyland Finance Limited into NDL Ventures Limited. This development signifies progress in the merger process, following earlier 'No Observation' letters from BSE and NSE. Investors should note this advancement towards the consolidation of the two entities.