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ABOUT NDL VENTURES LIMITED
NDL Ventures Limited (formerly known as NXTDIGITAL Limited), a Hinduja Group Company, used to have two business segments i.e. Media & Communications and Real Estate.
Under the Scheme of Arrangement between NDL Ventures Limited (formerly known as NXTDIGITAL Limited) and Hinduja Global Solutions Limited and their respective shareholders, the Digital. Media and Communications business undertaking of NDL Ventures Limited (formerly known as NXTDIGITAL Limited) has been transferred/demerged into Hinduja Global Solutions Limited with effect from 12th November 2022 vide Order dated 11th November 2022 issued by Hon’ble National Company Law Tribunal, Mumbai. The residual and existing business of the Company is real estate.
CORPORATE HERITAGE
NDL Ventures Limited was originally incorporated on July 18, 1985, in the name of “Mitesh Mercantile & Financing Limited” in the state of Maharashtra. The name of the Company was changed to “Hinduja Finance Corporation Limited” on 31st March 1995. Further, it was changed to “Hinduja TMT Limited” on June 8, 2001. Upon corporate restructuring, it was changed to “Hinduja Ventures Limited” and a fresh Certificate of Incorporation consequent upon the change of name issued on October 23, 2007. On October 25, 2019, it was changed to NXTDIGITAL Limited.
Subsequent to demerger of Digital, Media & Communications business with Hinduja Global Solutions Limited along with all their concomitant rights, obligations and liabilities, including all the registered brands owned by the Company, particularly “NXTDIGITAL”, name of the Company changed to NDL Ventures Limited vide fresh Certificate of Incorporation dated April 20, 2023.
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