NDL Ventures Share Price Hits 20% Upper Circuit, 52-Week High After CCI Clears Hinduja Leyland Finance Merger

NDL Ventures Limited shares were locked in the 20% upper circuit at ₹116.98 during the afternoon trade after the company disclosed that the Competition Commission of India (CCI) had approved its proposed merger with Hinduja Leyland Finance Limited under the Competition Act, 2002.

NDL Ventures Limited, earlier operating as NXTDIGITAL Limited, is part of the Hinduja Group ecosystem. The proposed transaction involves the merger by absorption of Hinduja Leyland Finance Limited into NDL Ventures under a Scheme of Arrangement.

Hinduja Leyland Finance operates in the non-banking financial company (NBFC) space, primarily focused on vehicle finance and related lending segments. The proposed consolidation is structured under Sections 230 to 232 of the Companies Act, 2013, which govern compromises, arrangements and amalgamations, and requires multiple regulatory and judicial approvals before becoming effective.

CCI Grants Approval Under Section 31(1) Of Competition Act

In a filing dated February 18, 2026, made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, NDL Ventures Limited (formerly known as NXTDIGITAL Limited) informed the stock exchanges that the CCI, at its meeting held on February 17, 2026, had approved the proposed combination.

The approval has been granted under Section 31(1) of the Competition Act, 2002, in relation to the Scheme of Merger by Absorption of Hinduja Leyland Finance Limited (Transferor Company) into NDL Ventures Limited (Transferee Company). The combination bears Registration No. C-2025/12/1363, as referenced in the disclosure.

According to the annexure attached to the filing, the CCI’s clearance constitutes one of the statutory and regulatory approvals required for implementation of the Scheme. The merger remains subject to other necessary approvals, including those from the stock exchanges, the Securities and Exchange Board of India, and the Hon’ble National Company Law Tribunal, as applicable.

The board of directors had earlier approved the Scheme at its meeting held on November 25, 2025, pursuant to Sections 230 to 232 of the Companies Act, 2013 and related rules.

NDL Ventures Share Price Locks In 20% Upper Circuit On February 18

NDL Ventures shares surged to ₹116.98, marking a gain of ₹19.49 or 19.99% over the previous close of ₹97.49, and were locked at the upper circuit limit, as of 2:41 pm IST on February 18, 2026.

The stock opened at ₹106.16 and touched a high of ₹116.98 so far, which also stands as its 52-week high. The day’s low was ₹106.16 so far. According to available market data, the company’s market capitalisation stood at ₹333.28 crore at the time of reporting.

The sharp move follows the regulatory clearance from the competition watchdog, a key milestone in the execution of the proposed merger.

With the CCI’s approval now in place, NDL Ventures has secured one of the critical regulatory clearances for the proposed merger. The transaction remains contingent on additional approvals, and the company has stated that the disclosure is being made by way of abundant caution, noting that no speculation should be drawn from the communication.

Source:

• https://www.bseindia.com/xml-data/corpfiling/AttachLive/58149e7b-515b-4a3c-8b81-89ebb96768b2.pdf
• https://www.bseindia.com/stock-share-price/ndl-ventures-ltd/ndlventure/500189/corp-announcements/