Synopsis: Financial stock surges 20% to upper circuit after CCI approves merger with Hinduja Leyland Finance, paving the way for NBFC expansion, capital strengthening, and operational consolidation.
The share of this company, which is a former media and communication entity (formerly NXTDIGITAL Ltd), has shifted its focus towards investment, real estate, and financial services, and came into focus after the CCI green flag for the merger.
With a market capitalization of Rs 390 crore, NDL Ventures Ltd’s shares on Wednesday made a day high of Rs 117.60 per share, up by 20 percent from the previous day’s close price of Rs 98 per share. The share of the company trades at a way overvalued P/E of 435x compared to the industry P/E of 31.4x.
What’s the news
India’s competition regulator has given its nod to the amalgamation of Hinduja Leyland Finance with NDL Ventures, removing a key regulatory hurdle for the transaction. The clearance allows the group to proceed with integrating its lending subsidiary into the designated entity as part of a broader internal restructuring exercise.
With the approval in place, the consolidation is expected to simplify the corporate structure and align the group’s financial services operations under a unified platform. The move is aimed at enhancing operational efficiency, improving capital deployment, and strengthening the overall lending framework.
Merger details
The amalgamation involves NDL Ventures Limited, a listed public company engaged in real estate and financial services with FY25 net worth of Rs 60.05 crore, and Hinduja Leyland Finance Limited, an unlisted NBFC with FY25 total income of Rs 4,473.33 crore and net worth of Rs 7,299.23 crore.
Shareholder pattern: For every 10 fully paid equity shares of Rs 10 each held in HLFL, shareholders will receive 25 fully paid equity shares of Rs 10 each in NDL. In simple terms, HLFL investors will be allotted 2.5 NDL shares for every one HLFL share held.
Accelerated Growth & Capital Access: The merger is designed to provide a strong growth platform for the Transferee Company by accelerating its expansion in the NBFC sector. By combining operations, the merged entity will benefit from a larger net worth, improved financial strength, and greater flexibility in raising capital from both internal cash flows and external investors to fund future growth opportunities.
Operational Synergies & Value Creation: The merger will also streamline operations by eliminating duplicate administrative functions and reducing compliance costs. Integrated management control and better resource allocation are expected to improve efficiency, strengthen governance standards, and ensure optimal utilization of assets, ultimately supporting sustainable long-term value creation.
About the company
NDL Ventures Limited (formerly known as NXTDIGITAL LIMITED) is a public limited company incorporated under the provisions of the Companies Act, 1956, on July 18, 1995, in the State of Maharashtra. The Company is engaged in the business of real estate and providing financial services
NDL Ventures reported zero revenue for the December 2025 quarter, continuing its trend of having no operational business. The company posted a marginal net profit of Rs 0.23 crore, up 229 percent YoY, though this is largely meaningless given the negligible base. EBITDA remained negative at -0.95 crore, and EPS stood at Rs 0.07. At this stage, NDL essentially has no revenue-generating operations, making the upcoming merger with HLFL the key monitorable for investors.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post Stock Hits 20% Upper Circuit After CCI Approves Merger with Hinduja Leyland appeared first on Trade Brains.