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 - Outcome Of 2Nd Meeting Of Committee Of Creditors.
BILVYAPAR · price
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BIL Vyapar Limited (formerly Binani Industries Limited), part of the Braj Binani Group, is currently under the Corporate Insolvency Resolution Process (CIRP) after the NCLT admitted insolvency against it in November 2025. The 2nd meeting of the Committee of Creditors was held on 9 January 2026, with e-voting concluding on 14 January 2026. The CoC approved and ratified the Expression of Interest form (Form G) and the eligibility criteria for prospective resolution applicants. It also ratified the appointment and fees of two sets of registered valuers to carry out the valuation of the company as required under the IBC 2016. Interim Resolution Professional Mr. Subodh Kumar Agrawal continues to manage the company's affairs, business, and assets.
This is a routine procedural step in the insolvency resolution process. The stock remains under CIRP with no immediate positive or negative effect on shareholders, though progress toward inviting resolution plans is underway.