Hinduja Leyland Finance – CCI Clears Merger With NDL Ventures Ltd

Expert Analysis:

• The Competition Commission of India (CCI) has approved the merger of Hinduja Leyland Finance Ltd into NDL Ventures Ltd, clearing a key regulatory hurdle for the corporate restructuring within the Hinduja Group.

• The merger approval follows the Board’s earlier decision (Nov 25, 2025) to proceed with the scheme of merger by absorption under the Companies Act framework, aligning the group’s financial services and investment businesses under a unified entity.