Ushdev International Ltd prepares financials post liquidation order
Ushdev International Ltd is preparing financials for FY26 after a liquidation order on October 16, 2025. The accounts are being finalized and will be published soon.
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Ushdev International Ltd is preparing its financial results for the year ended March 31, 2026, following a mandatory requirement to incorporate the effects of a liquidation order passed by the National Company Law Tribunal (NLCT). The liquidation order, dated October 16, 2025, necessitates the preparation of financials to reflect the company's status under liquidation proceedings.
The company informed BSE Limited on October 27, 2025, regarding the liquidation order. The filing confirms that the finalization of accounts is currently under process. Ushdev International Ltd stated that the financial statements will be published once the finalization is complete.
CA Trupalkumar Patel, the Liquidator for Ushdev International Ltd, signed the communication to the exchange. The liquidator's registration number is IBBI/IPA -001/IP-P01186/2018-2019/11907. The company's registered office is located at New Harileela House, 6th Floor, Mint Road, Fort, Mumbai – 400 001.
| Detail | Information |
|---|---|
| Company | Ushdev International Ltd |
| Scrip Code | 511736 |
| Liquidation Order Date | October 16, 2025 |
| Financial Year End | March 31, 2026 |
| Liquidator | CA Trupalkumar Patel |
The development follows the Hon'ble NLCT's decision to order the liquidation of the company. Ushdev International Ltd is required to comply with regulatory norms by finalizing and publishing its accounts in light of this order.
What is the estimated timeline for the liquidator to finalize and publish the financial statements?
How will the liquidation process impact the company's creditors and shareholders?
What are the primary assets and liabilities expected to be addressed during the liquidation proceedings?
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