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NxtDigital completes demerger of its digital media & communication business
Mumbai: NxtDigital (NDL) on Tuesday said that all steps and compliances relating to the demerger of its digital media & communications had been successfully completed, including the allotment of shares by Hinduja Global Solutions Ltd. (HGSL) to the eligible shareholders of NDL.
An official statement released by the company stated the shares that have been allotted in accordance with the swap ratio are eligible for trading on stock exchanges.
“With respect to the proposed merger of Hinduja Leyland Finance with the company, the board of directors of the company had approved the draft scheme of arrangement of the company with Hinduja Leyland Finance (HLF) at their meeting held on 25 November,” the statement added. “The scheme of arrangement has been filed with regulatory authorities seeking their approval, and once received, the necessary applications will be filed with the National Company Law Tribunal. This is expected sometime in January-end next year.”
The company said its board of directors considered it expedient and necessary that, with the demerger of digital and media undertaking businesses together with the trademark “NxtDigital,” the name of the company be changed from “Nxtdigital Ltd.” to “NDL Ventures Ltd.” or such other name as approved by the registrar of companies/the ministry of corporate affairs.
The statement further added that its board considered it appropriate to reconstitute the board of directors to give focus to the new ventures in accordance with future activities. In view of the above, the board of directors of the company has approved that Ashok P. Hinduja will relinquish his role as chairman-non-executive of the company to align his focus on the expansion of the digital and media businesses of the Hinduja Group, and director Sudhanshu Tripathi will assume the role of non-executive chairman of the company.
The company also stated that, in line with this reorganisation, director Prashant Asher has resigned from the board of the company.
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Business Today MindRush returns to Mumbai, spotlight on India’s edge in a fractured world
Policymakers and corporate heavyweights gather to map supply chains, energy security and markets
MUMBAI: As fault lines widen across global trade and geopolitics, Business Today is doubling down on India’s moment. The 14th edition of Business Today MindRush & Best CEOs Awards lands in Mumbai on March 28, pitching India’s strategic edge at the centre of a fragmenting world.
The day-long summit, presented by PwC, will bring together a tight mix of policymakers, industry leaders and market voices to decode shifting supply chains, maritime strategy, defence priorities, energy security and capital markets—sectors now deeply entangled with geopolitics.
M Nagaraju, secretary, department of financial services, ministry of finance, will headline the event, setting the tone for discussions that aim to track how India is repositioning itself amid disrupted trade routes and volatile energy dynamics.
The speaker slate reads like a cross-section of India Inc’s command centre. Krishna Swaminathan will zero in on sea lanes and supply chains, while Prashant Ruia is set to push the case for self-reliance in oil and gas. Ashish Chauhan will weigh in on capital markets at a pivotal juncture, as a panel featuring Vibha Padalkar, Sanjiv Mehta, Amish Mehta and Sanjeev Krishan debates navigating economic uncertainty.
Leadership under pressure will be another running theme. Madhavkrishna Singhania, Sharvil Patel, Karan Bhagat and Anurag Choudhary will unpack how businesses are steering through disruption. Arun Alagappan will turn the spotlight on fertilisers, Arundhati Bhattacharya will reflect on leadership transitions, while Anish Shah and S Vellayan will outline blueprints for building future-ready conglomerates.
The event will close with Aroon Purie setting the broader editorial lens, before the Best CEOs Awards recognise standout corporate leadership across sectors.
At a time when the global order looks increasingly splintered, MindRush 2026 is positioning itself as more than a conference—it is a signal that India intends not just to navigate the churn, but to shape it.
