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| Exchange Received Time 22/12/2017 19:03:47 Exchange Disseminated Time 22/12/2017 19:03:51 Time Taken 00:00:04 | This is to inform you that State Bank of India, the lead bank of the Company had initiated Corporate Insolvency Resolution Process against Ushdev International Limited under section 7 of the Insolvency and Bankruptcy Code, 2016 before the Mumbai bench of National Company Law Tribunal.
The Company has received the copy of the petition vide registered post today.
This may be treated as communication under Regulation 30 and any other applicable provisions, if any, of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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