positive
4 days agoAshok Leyland climbs after finance arm approves merger with NDL Ventures
Ashok Leyland shares advanced 5% to a 52 week high of ₹156.45 after subsidiary Hinduja Leyland Finance approved a merger with NDL Ventures. The deal, planned through a Scheme of Merger by Absorption, proposes a 25:10 share exchange ratio and is targeted to take effect from April 2026, subject to approvals.
Companies:
- Ashok Leyland
- Hinduja Leyland Finance
- NDL Ventures
Tags:
- stocks
- ashok leyland
Explore:High Return Equity Mutual Fund
positive
4 days agoAshok Leyland climbs after finance arm approves merger with NDL Ventures
Ashok Leyland shares advanced 5% to a 52 week high of ₹156.45 after subsidiary Hinduja Leyland Finance approved a merger with NDL Ventures. The deal, planned through a Scheme of Merger by Absorption, proposes a 25:10 share exchange ratio and is targeted to take effect from April 2026, subject to approvals.
Companies:
- Ashok Leyland
- Hinduja Leyland Finance
- NDL Ventures
Tags:
- stocks
- ashok leyland
Explore:High Return Equity Mutual Fund
1 min read
51 words
Ashok Leyland gained sharply after Hinduja Leyland Finance approved a merger with NDL Ventures, aligning with the group’s broader restructuring and governance-driven consolidation plan.
Ashok Leyland shares advanced 5% to a 52 week high of ₹156.45 after subsidiary Hinduja Leyland Finance approved a merger with NDL Ventures. The deal, planned through a Scheme of Merger by Absorption, proposes a 25:10 share exchange ratio and is targeted to take effect from April 2026, subject to approvals.
Ashok Leyland shares advanced 5% to a 52 week high of ₹156.45 after subsidiary Hinduja Leyland Finance approved a merger with NDL Ventures. The deal, planned through a Scheme of Merger by Absorption, proposes a 25:10 share exchange ratio and is targeted to take effect from April 2026, subject to approvals.
Companies:
- Ashok Leyland
- Hinduja Leyland Finance
- NDL Ventures
Tags:
- stocks
- ashok leyland
- stocks
- ashok leyland
- merger
- ndl ventures
- corporate actions
Nov 27, 2025 • 09:40