* The Board of Directors of NDL Ventures Limited approved the Scheme of Merger by Absorption of Hinduja Leyland Finance Limited (HLFL) into NDL Ventures Limited at its meeting on November 25, 2025. * As consideration for the merger, 25 equity shares of NDL (face value ₹10 each) will be issued for every 10 equity shares of HLFL (face value ₹10 each) held by eligible shareholders as of the record date (to be announced later). * The merger is subject to approvals from shareholders, stock exchanges, SEBI, and NCLT. * The appointed date for the merger is April 1, 2026, or another date as approved by NCLT or another appropriate authority. * M/s. Shah and Modi has been re-appointed as the Internal Auditor of the Company.
