Company UpdateGeneral
Ushdev International (In Liquidation) to auction wind assets and equity shares via BAANKNET; key dates set
Auction details and asset types
- Asset sale under IBC liquidation via BAANKNET e-auction platform.
- Assets include wind turbines (4208–4212) and equity shares/receivables (4213–4215).
- Wind assets: 2–4 WTGs of 0.8 MW across multiple sites.
- EOI deadline 04 Aug 2026; site inspection 21 Jul–04 Aug 2026.
- Earnest money deposit due 04 Aug 2026; e-auction on 06 Aug 2026 (11:00–13:00).
- Reserve prices and EMD figures disclosed per asset; bid increment Rs 5,00,000.
- Eligible bidders under 29A of IBC; assets sold on AS IS / WITHOUT RECOURSE.