Hinduja Leyland Finance to go public via reverse merger with NXTDigital

The merger will make HLF an NBFC, said KM Balaji, chief financial officer, Ashok Leyland. The current book value of HLF is Rs 3,200 crore-based on Ashok Leyland's holding rate of Rs 60 per share in the balance sheet but when it gets listed, it could be much higher, he said.