He will continue as CEO of the media & communications division at HGSL
Shareholders will receive 20 equity shares in HGSL for every 63 equity shares held in NDL.
The offering includes e-learning and digital cinema which commenced in Tawang.
It offers digital services like wi-fi, digital TV, OTT, voice/intercom, broadband, and CCTV.
The board also approved the share exchange ratio for the proposed merger.