NDL Ventures Shares Soar 20% on CCI Approval for Hinduja Leyland Finance Merger

• NDL Ventures shares surged 20% to hit the upper circuit on Wednesday, February 18.
• The rally followed the Competition Commission of India (CCI) approving its merger with Hinduja Leyland Finance Limited.
• Hinduja Leyland Finance is a Non-Banking Finance Company specializing in asset finance and vehicle loans.
• The merger is expected to significantly transform NDL Ventures, which currently has no active business.
• CCI approval ensures the deal does not negatively impact market competition and allows the merger to proceed.