On 16.10.2025 the Hon''ble NCLT, Mumbai passed an order allowing the liquidation process of the company under Indian Bankruptcy Code 2016. Finalisation of accounts for the year ended 31.3.2026 ....
Awaiting price reaction for this filing.
The Hon'ble NCLT, Mumbai passed a liquidation order against Ushdev International Ltd on 16.10.2025 under the Insolvency and Bankruptcy Code, 2016. The company is now in mandatory liquidation and is required to prepare its financial statements reflecting the liquidation order effects. The finalisation of accounts for the year ended 31st March, 2026 is currently under process. The liquidator, CA Trupalkumar Patel, has been appointed to oversee the dissolution of the company. BSE was already informed of the liquidation order on 27/10/2025.
This is a terminal insolvency event. The company's shares on BSE (Scrip Code: 511736) will likely be delisted as the liquidation process proceeds, resulting in zero or minimal recovery for existing shareholders.