Ashok Leyland board approves Hinduja Leyland Finance merger Into NXTDIGITAL-Check what it means for shareholders?

As per Ashok Leyland’s filing to exchanges, “The Board of Directors of the Company, at its meeting held today, on August 16, 2022, inter alia approved the Scheme of Merger by Absorption of Hinduja Leyland Finance Ltd (“Transferor Company”) into NXTDIGITAL Ltd (“Transferee Company”).”