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NDL Ventures Ltd

NSE: NDLVENTURE BSE: 500189

₹115.33

(2.06%)

Tue, 03 Mar 2026, 09:49 am

Company History

1985

  • Mitesh Mercantile & Financing Ltd. incorporated on 18 July.
  • Obtained Certificate for incorporation of Business on 6 August.
  • Promoted by T.K. Mondal, A.K. Das, S. Pal & associates.
  • Issued 70 fully paid-up equity shares.
  • Formed for financing via loans/advances, merchant trading, agents, brokers.

1986

  • Issued 244,970 equity shares at par in January: 94,930 to promoters/directors, 150,000 to public.

1994

  • A.K. Das and associates offered 69,000 equity shares for sale at Rs. 10 during November-December.

1995

  • Hinduja Finance Ltd. amalgamated effective 9 February; name changed to Hinduja Finance Corporation Ltd. effective 31 March.
  • Issued 1,050,000 9% cumulative convertible preference shares of Rs. 100 each.
  • Preference shares divided into Parts A, B, C, D convertible to equity shares on 1 April 1996, 1997, 1998, 1999.
  • Issued 12,228,572 equity shares to erstwhile shareholders of Hinduja Finance Ltd.
  • Issued 2,100,000 shares on conversion of preference shares.

1996

  • Issued 3,150,000 shares on conversion of preference shares.

1997

  • Planned special resolution for share buyback at AGM on 10 December.
  • Disinvested entire >5% equity holding in Vashisti Detergents Ltd.

1998

  • Identified non-fund-based activities as thrust area, focusing on M&A and advisory in banking and infrastructure.

1999

  • Hindujas lined up Rs. 900 crore investments in telecom sector.

2000

  • Board approved in-principle merger of Ashok Leyland Information Technology Ltd.
  • Board approved merger of Richman Investrade Private Ltd. for stake in IndusInd Media & Communications Ltd.
  • Approved merger of Cable Video India.
  • Approved swap ratio for merger of Hinduja Telecom and Melody Trading Private Limited.
  • In2Cable.Com discontinued joint venture with Pacific Internet Ltd.
  • Signed $100 million software services contract with US Fortune 500 company.
  • Intel Capital acquired 3.3% stake in IndusInd Media & Communications Ltd. via Grant Investrade.
  • Announced acquisition of 70% stake in forindia.com.

2002

  • M. S. Varadan promoted to executive director.
  • Srinivas Palakodetti appointed chief financial officer.
  • Closed equity trading division and merged Sarthak Mercantile.
  • Surrendered NBFC licence to RBI.
  • Mr. R. Mohan appointed President; Mr. Ramesh C. Khanduri continued as President of operations.

2003

  • High Court approved merger of Hinduja TMT Ltd. with Sarthak Mercantile.
  • SEBI debarred Hinduja TMT from dealing in securities for two years.
  • Secured call centre contracts from UK telecom provider and US broadband/internet company.
  • Digital Set Top Box of Celetron quality tested by Electronics Regional Test Laboratory.
  • Mr. Partha Sarkar appointed COO for IT-enabled services.
  • IT services assessed at SEI CMM Level 4 by KPMG.
  • Merged Cable Video (India) Ltd. and IndusInd Entertainment Ltd. with InNetwork Entertainment Ltd.
  • Ranked 2nd in DATAQUEST-IDC BPO employee satisfaction survey.
  • Ranked 2nd largest healthcare BPO company by Business World.
  • Ranked 1st Most Preferred Employer in Employee Satisfaction Survey.

2004

  • Mr. Pradeep Pasari ceased as Company Secretary; Mr. Kairav Trivedi appointed effective 1 January.
  • Hinduja TMT announced resale of Aspect contact center solutions in India.
  • K. Thiagarajan appointed Chief Operating Officer.

2005

  • Hinduja TMT acquired Bangalore-based outbound call centre.
  • Hinduja TMT launched BPO facility in Mauritius.
  • Hinduja TMT selected by Forbes Asia as one of 200 'Best Under a Billion' companies.
  • Registered office shifted to In Centre, 49/50 MIDC, 12th Road, Andheri (E), Mumbai - 400 093.

2006

  • Hinduja TMT purchased US-based BPO company AFFINA.

2007

  • Mr. Somnath Majumdar appointed Company Secretary and Compliance Officer.
  • Mr. Prakash Shah appointed Additional Director.
  • Company name changed from Hinduja TMT Ltd. to Hinduja Ventures Ltd.

2008

  • Hinduja Ventures Ltd. recommended interim dividend of Rs. 10 per equity share.

2009

  • Hinduja Ventures Ltd. recommended final dividend of Rs. 10 per equity share.

2010

  • Hinduja Ventures Ltd. approved acquisition of all shares of IDL Specialty Chemicals Ltd. and entered MOU.

2011

  • Hinduja Ventures Ltd. recommended final dividend of Rs. 12.50 per equity share.

2012

  • Mr. Ashok Mansukhani appointed as Whole-Time Director.
  • Hinduja Ventures Ltd. recommended final dividend of Rs. 15 per equity share.

2013

  • Hinduja Ventures Ltd. recommended final dividend of Rs. 15 per equity share.

2014

  • Hinduja Ventures Ltd. recommended final dividend of Rs. 15 per equity share.

2015

  • Hinduja Ventures Limited received operating licence for HITS services.
  • NXT DIGITAL received final licence to start Headend-in-the-Sky operations.

2017

  • Hinduja Ventures completed acquisition of Hinduja Leyland Finance Limited.

2019

  • Company name changed to Nxtdigital Ltd. from Hinduja Ventures Ltd.

2021

  • Issued rights shares of Rs. 10 in ratio 2:5 at premium of Rs. 290 per share.

2022

  • Nxtdigital launched Broadband-Over-Satellite solution 'Nxtskyfi' over Diwali.
  • Nxtdigital launched 'Onedigital', an all-in-one combo providing broadband.

2023

  • Company name changed to NDL Ventures Ltd. from Nxtdigital Ltd.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800