Archive · 12 Aug 2025
RBI Clears Hinduja Leyland Finance, NDL Ventures Merger
Ashok Leyland is merging its financial arm, Hinduja Leyland Finance, with NDL Ventures, a company that focuses on high-growth opportunities.
The Reserve Bank of India (RBI) has given its approval for this merger.
This is a big step towards listing Hinduja Leyland Finance publicly.
After the merger, the new company will have a lot of money, over Rs 29,000 crore.
The merger also helps Ashok Leyland's plan to list Hinduja Leyland Finance via a reverse merger.
This move is expected to boost the value for the company's shareholders.
RBI approves merger of Hinduja Leyland Finance with NDL Ventures.
Ashok Leyland confirmed receipt of a no-objection certificate from RBI.
The merger is a step toward the public listing of Hinduja Leyland Finance.
Post-merger, the combined assets will exceed Rs 29,000 crore.
NDL Ventures is focusing on high-growth opportunities after transferring its digital business.
- Who
- RBI, Hinduja Leyland Finance, NDL Ventures, and Ashok Leyland.
- What
- The RBI cleared the merger scheme of Hinduja Leyland Finance with NDL Ventures.
- When
- Recently, with the announcement from Ashok Leyland on Monday.
- Where
- India.
- Why
- To enhance shareholder value and growth potential in the finance sector.
- Merger Approved By
- RBI
- Companies Involved
- Hinduja Leyland Finance and NDL Ventures
- Parent Company
- Ashok Leyland
- Combined Assets (Post-Merger)
- Above Rs 29,000 crore
- Strategic Goal
- To enhance shareholder value