BIL VYAPAR LIMITED has informed the Exchange about Disclosure under Regulation 30 of SEBI (Listing Obligations Disclosure Requirements) Regulations, 2015 (LODR) read with Schedule III of LODR - Intimation of meeting of Committee of Creditors.
BILVYAPAR · price
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BIL Vyapar Limited (formerly Binani Industries Limited) has informed stock exchanges about its second meeting of the Committee of Creditors (CoC) scheduled for 9 January 2026. The company is currently under the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. An Interim Resolution Professional (IRP), Mr. Subodh Kumar Agrawal, was appointed by the National Company Law Tribunal (NCLT) via an order dated 13 November 2025. The IRP is currently managing the company's affairs, business, and assets. This filing is a procedural compliance disclosure under SEBI LODR regulations.
Shareholders face continued uncertainty as the company's future depends on the outcome of the ongoing insolvency resolution process. Equity holders typically have the weakest claim in CIRP and may receive little to no recovery depending on the final resolution plan approved by the CoC. The stock is likely under trading restrictions and carries high risk.