IPO size cuts by selective issuers may offer a middle path
16 Apr 2026
NDL Ventures Limited has announced that its Board of Directors will convene on April 21, 2026, to review the company's audited financial results for the fourth quarter and full financial year ended March 31, 2026. The meeting will also address potential dividend recommendations for equity shareholders for the financial year 2025-26.
Board Meeting Details
The board meeting has been scheduled in accordance with Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will be held on Tuesday, April 21, 2026.
Meeting Details: Information Date: Tuesday, April 21, 2026 Purpose: Q4FY26 audited financial results approval Additional Agenda: Dividend recommendation for FY2025-26 Regulatory Compliance: SEBI LODR Regulation 29
Trading Window Restrictions
NDL Ventures Limited has implemented trading window restrictions as part of its insider trading compliance measures. The trading window for dealing in the company's securities has been closed for designated persons and their immediate relatives from April 01, 2026. This restriction will remain in effect until 48 hours after the declaration of the financial results and the information becomes generally available to the public.
Regulatory Notifications
The company has formally notified both major stock exchanges about the upcoming board meeting. BSE Limited has been informed through the BSE Listing Centre, while the National Stock Exchange of India Limited received notification through NEAPS. The communication was signed by Sumati Sharma, Company Secretary & Compliance Officer, on April 16, 2026.
Company Background
NDL Ventures Limited, formerly known as NXTDIGITAL LIMITED, operates from its headquarters at IN CENTER, 49/50 MIDC, 12th Road, Andheri (E), Mumbai. The company is part of the Hinduja Group and maintains its corporate identification number as L65100MH1985PLC036896. The company's securities are traded on both BSE (Scrip Code: 500189) and NSE (Script Code: NDLVENTURE).
Dilipkumar Lakhi and his group of associates have disclosed a reduction in their shareholding in ndl ventures through open market transactions. The disclosure, filed under SEBI's substantial acquisition regulations, reveals the sale of 68,754 shares over an extended period from May 2024 to February 2026.
Transaction Details
The share sale was conducted through open market transactions on both BSE and NSE exchanges, facilitated by ARJ Securities Pvt Ltd (SEBI Registration: INZ000237937). The transactions spanned from May 31, 2024, to February 19, 2026, representing a systematic reduction in the group's stake.
Parameter Details Shares Sold 68,754 Transaction Period May 31, 2024 to February 19, 2026 Mode of Sale Open Market Exchanges BSE & NSE Broker ARJ Securities Pvt Ltd
Shareholding Changes
The sale resulted in a notable change in the group's ownership structure in NDL Ventures Ltd. Prior to these transactions, the Dilipkumar Lakhi group held a combined stake of 5.16% in the company.
Shareholding Status Number of Shares Percentage Holding Before Sale 1,736,547 5.16% Shares Sold 68,754 0.20% After Sale 1,667,793 4.95%
Group Composition
The disclosure identifies ten individuals as part of the group acting in concert:
Dilipkumar Lakhi
Chirag Dilipkumar Lakhi
Karuna Dilipkumar Lakhi
Girdharilal V. Lakhi
Manish Lakhi
Ritesh Girdharilal Lakhi
Vandana Girdharilal Lakhi
Shivali Ritesh Lakhi
Namrata Manish Lakhi
Krsna Suraj Kalra
Notably, the group does not belong to the promoter or promoter group category of NDL Ventures Ltd.
Company Share Capital
NDL Ventures Ltd maintains a total equity share capital of 336,716,210 shares, which remained unchanged before and after the reported transactions. The company's shares are listed on both BSE and NSE exchanges.
Regulatory Compliance
The disclosure was filed in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of shares and Takeovers) Regulations, 2011. The filing was dated February 27, 2026, and submitted from Mumbai, ensuring compliance with regulatory requirements for substantial shareholding changes.
We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.
Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.
As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.
