NDL Ventures has closed its trading window for designated persons and their immediate relatives effective July 1, 2026. The closure is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and their Immediate Relatives. The window will remain shut until 48 hours after the unaudited financial results for the first quarter ending June 30, 2026 are declared and made generally available.

The restriction applies to all securities of the company. The specific date for the Board meeting to consider and approve the unaudited financial results for the quarter will be communicated separately in due course. The intimation was submitted to BSE Limited and National Stock Exchange of India Limited on June 23, 2026.

Key Details

The company was formerly known as NXTDIGITAL Limited. Sumati Sharma, Company Secretary & Compliance Officer, signed the disclosure on behalf of NDL Ventures Limited.

NDL Ventures Limited has received an order from the National Company Law Tribunal (NCLT), Mumbai Bench, directing the company to convene meetings of its equity shareholders and unsecured creditors. The order, dated June 17, 2026, was received by the company on June 18, 2026. These meetings are being called to consider and, if deemed fit, approve the proposed Scheme of Merger by Absorption of Hinduja Leyland Finance Limited into NDL Ventures Limited.

Merger Structure and Regulatory Framework

The merger scheme involves the absorption of Hinduja Leyland Finance Limited, designated as the Transferor Company, into NDL Ventures Limited, the Transferee Company. The proceedings will be conducted under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013. The NCLT order specifically mandates the convening of these meetings for both the equity shareholders and unsecured creditors of the entities involved.

Regulatory Approvals and Prior Developments

This development follows a previous intimation by the company regarding the receipt of a No Observation Letter from BSE Limited and the National Stock Exchange of India Limited. The regulatory approvals from the stock exchanges were communicated on May 20, 2026, paving the way for the tribunal's direction to convene the necessary meetings.

The proposed merger will require the approval of the equity shareholders and unsecured creditors of both the Transferor Company and the Transferee Company. NDL Ventures Limited, formerly known as NXTDIGITAL Limited, will oversee the process of convening these meetings as per the directives issued by the NCLT. Further developments regarding the merger process will be communicated to the stock exchanges in accordance with applicable laws and regulations, as the scheme progresses through the requisite statutory and regulatory steps.