Updated List of Member of stakeholder''s Consultation Commmitee as on April 23, 2026.
Awaiting price reaction for this filing.
Ushdev International Ltd has filed an updated Stakeholder's Consultation Committee (SCC) report as part of its ongoing liquidation process. The total claims admitted stand at Rs 12,276 crore. Secured financial creditors account for the largest portion at Rs 7,610 crore, led by State Bank of India (Rs 2,541 crore, 20.7%) and IDBI (Rs 1,706 crore, 13.9%). Unsecured financial creditors have Rs 175 crore in admitted claims. Government dues (operational creditors) total Rs 14,493 crore, including VAT Maharashtra (Rs 981 crore) and Income Tax Department (Rs 4,677 crore). Other operational creditors total Rs 10,029 crore, with Gunvor Singapore Pte Ltd being the largest at Rs 388 crore. Claims worth Rs 417.7 crore have been rejected, primarily from Bank of Baroda and ICICI Bank.
This filing confirms the company is in advanced liquidation with over Rs 12,000 crore in admitted claims. Shareholders are unlikely to receive any recovery as secured and operational creditors will be prioritized. The stock (BSE: 511736) remains suspended and has negligible value.