In terms of SEBI(PIT) Regulation, as amended, and the Company''s Code of Conduct for Regulating, Monitoring & Reporting of Trading by Insiders'', we would like to inform that the Trading ....
Awaiting price reaction for this filing.
Ushdev International Ltd has informed BSE that its trading window for insiders, designated employees and connected persons will remain closed from 1st January 2026 until 48 hours after the declaration of the Unaudited Financial Results for the quarter ended 31st December 2026. The closure is in line with SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's internal insider trading code. The meeting date for considering these results will be communicated separately. Notably, the letter is signed by Trupalkumar Patel in the capacity of Liquidator, indicating the company is currently under liquidation proceedings.
This is a routine compliance disclosure and not a material event. However, the presence of a Liquidator signals that the company is in liquidation, which is a critical risk factor for shareholders — equity holders may face significant losses or write-offs as liquidation typically results in minimal recovery.