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Monthly Update24 Dec 2025, 08:01 pm

Ushdev International Ltd Updates Stakeholder Consultation Committee as of 22nd December 2025

AI Summary

Ushdev International Ltd has updated its Stakeholder Consultation Committee as of 22nd December 2025. The committee includes major financial institutions such as State Bank of India, IDBI, Bank of Baroda, ICICI Bank Limited, Punjab National Bank, Bank of Maharashtra, Indian Overseas Bank, Central Bank of India, and Union Bank Of India. The list also includes various operational creditors and employees. The claims from shareholders and other creditors have not been received as of the date. The list is subject to revision based on additional information and evidence.

Key Highlights

  • State Bank of India is the largest stakeholder with 21.802% stake
  • ICICI Bank Limited holds 9.297% stake
  • No claims have been received from any shareholders or any other class of creditors as of 22nd December 2025
  • The list of stakeholders is subject to revision based on additional information and evidence
  • The Liquidator has admitted the amounts of claims for employees and operational creditors based on the records available with the Corporate Debtor