BSEUshdev International LtdLowNeutral
Announced Fri, 26 Sept · 17:35 IST

Proceeding of 31st Annual General Meeting

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ushdev International Ltd held its 31st AGM on 26th September 2025 at 11:00 AM in Mumbai, chaired by Mrs. Radha Rawat (IMA member), with 34 members present in person. The company has been under the Corporate Insolvency Resolution Process (CIRP) since May 2018, and a resolution plan by Singapore-based M/s Taguda Pte Ltd was approved by NCLT in February 2022 and NCLAT in March 2022, with an Implementing Monitoring Agency (IMA) now supervising operations. Two resolutions were transacted: adoption of audited standalone and consolidated financial statements for FY ended 31st March 2025, and appointment of M/s Abhay Kumar Pal & Co as Secretarial Auditor for five consecutive years. The meeting concluded at 11:35 AM, and voting results will be submitted separately to the stock exchange.

Likely market impact

This is a routine procedural update confirming the AGM was held as required under ongoing insolvency oversight. Shareholders should note the company remains under IMA supervision following CIRP, and the detailed voting results are still pending submission.