NDL Ventures

NDL Ventures Limited, part of the Hinduja Group, is strategically shifting its focus to enter and expand within India's growing financial services industry. The company is guided by the primary goal of creating value for all its stakeholders, ensuring its decisions are ethical and compliant with the law. A crucial step in its new strategy is the proposed 'Merger by Absorption' of Hinduja Leyland Finance Limited, which is subject to regulatory approvals. To enable this transition, the company has formally applied to the Reserve Bank of India to be registered as a Non-Banking Financial Company (NBFC). As part of its strategy, the company is also working on selling its real estate assets to fund its new focus on financial services. The company currently holds a significant land parcel of about 47 acres in Bengaluru, which is classified as inventory within its real estate business segment.;