Classification of Loan Account of the Company as Non Performing Asset by few Banks
Ushdev International Ltd has informed BSE that the Board Meeting of the Company was held on November 22, 2016. The Board of Directors at the Board Meeting of the Company discussed that few Banks have declared the loan account of the Company as Non Performing Asset and India Ratings and Research Private Limited has revised the rating of the Company. The Board discussed in length and the Company is working on a suitable solution.22-11-2016