Connect with us

News Broadcasting

NxtDigital completes demerger of its digital media & communication business 

Published

on

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.”

Advertisement

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.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News Broadcasting

News18 India to air Sabse Bada Dangal on 4 May counting day

Channel promises fastest results, live trends and analysis across five states.

Published

on

MUMBAI: Ballots will do the talking and screens will do the shouting. As counting day approaches for high-stakes Assembly elections across West Bengal, Tamil Nadu, Kerala, Assam and Puducherry, News18 India is gearing up for an all-day broadcast of its flagship election show, Sabse Bada Dangal, on 4 May from 6 am onwards. The Hindi news channel plans to deliver continuous, real-time updates as votes are tallied, combining live counting data with on-ground reporting and studio analysis. With political fortunes set to shift through the day, the coverage will track every swing, surge and surprise as trends turn into results.

The broadcast will feature a mix of senior political leaders, analysts and experts, offering instant reactions and decoding the evolving electoral picture. Expect heated debates, quick takes and detailed breakdowns as the numbers settle across all five states.

For News18 India, counting day has long been a high-visibility moment. The network is banking on its reporting reach, editorial bandwidth and technology-driven coverage to stay ahead in what is often a fiercely competitive news cycle.

Advertisement

With multiple battlegrounds and shifting narratives, the day promises both drama and data in equal measure. And if all goes to plan, Sabse Bada Dangal will once again turn the counting of votes into prime-time spectacle.

Continue Reading

Advertisement News18
Advertisement
Advertisement
Advertisement
Advertisement Whtasapp
Advertisement Year Enders

Indian Television Dot Com Pvt Ltd

Signup for news and special offers!

Copyright © 2026 Indian Television Dot Com PVT LTD