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Gaurav Narendra Puri

26th Nov · SEBI-Registered Analyst

Following the merger of Hinduja Leyland Finance, NDL Ventures shares increased.

NEULANDLAB
On Wednesday, November 26, NDL Ventures Ltd.'s shares increased after the company's board approved the plan to merge with Hinduja Leyland Finance Ltd. Ashok Leyland is the parent company of Hinduja Leyland Finance. According to the merger plan, Hinduja Leyland Finance stockholders will receive 25 shares of NDL Ventures for each 10 shares they own as of the record date. NDL Ventures stated in its exchange filing that the merger's record date would be revealed at a later time.

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