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 3Rd Meeting Of Committee Of Creditors.
BILVYAPAR · price
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BIL Vyapar Limited, part of the Braj Binani Group, is currently under the Corporate Insolvency Resolution Process (CIRP) under IBC 2016, with Resolution Professional Ms. Rachana Jhunjhunwala managing its affairs after an NCLT order passed on 13th January 2026. The 3rd meeting of the Committee of Creditors was held on 2nd February 2026, with e-voting concluding on 4th February 2026. The CoC approved the appointment and fees of a Transaction Auditor to audit the corporate debtor's transactions as required under IBC. Additionally, the last date for submission of Expression of Interest (Form G) was extended to 19th February 2026, giving potential resolution applicants more time to participate in the revival process.
The company remains under insolvency proceedings, meaning existing shareholders face significant uncertainty, potential equity dilution, or even total loss depending on the resolution plan approved by the CoC. The extension of the EOI deadline suggests the process is still in early stages and could lead to a change in ownership or restructuring of the business.