Ushdev International Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2025 ,inter alia, to consider and approve Please find enclosed
Awaiting price reaction for this filing.
Ushdev International has told BSE that a meeting of its Implementing Agency (IMA) will be held on 29 May 2025 to consider and approve the audited standalone and consolidated financial results for the quarter and full financial year ended 31 March 2025. This is a standard advance intimation under SEBI's listing rules before results are announced. The meeting is being held by the IMA rather than the board because the company emerged from the Corporate Insolvency Resolution Process (CIRP) under IBC, 2016; its resolution plan was approved by NCLT Mumbai on 3 February 2022, and all governance powers now rest with the IMA appointed by the Resolution Applicant and Committee of Creditors. No financial numbers or outcomes are disclosed in this filing — it is purely a notice of an upcoming meeting.
Investors should watch for the actual audited results on/after 29 May 2025, which will reveal the company's post-resolution financial health. The filing itself is procedural and unlikely to move the stock, though the post-CIRP status remains a key context for assessing any numbers released.