Mumbai: The board of directors at Hinduja Global Solutions has approved a share entitlement ratio of 20:63 for the acquisition of Nxtdigital’s digital, media and communications business undertaking. HGS will issue 20 equity shares of Rs 10 each (post issue of bonus equity shares by HGS) for every 63 equity shares of NDL of Rs 10 each fully paid up. The share entitlement ratio