BIL VYAPAR LIMITED has informed the Exchange about Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Minutes of 8th meeting of Committee of Creditors

BIL Vyapar Limited (formerly Binani Industries Limited) has submitted minutes of its 8th Committee of Creditors meeting held under the Corporate Insolvency Resolution Process (CIRP). The CoC discussed granting a prospective resolution applicant an extension of time to submit their Resolution Plan. They also noted the valuation methodology used by valuers and appointed a Coordinating Valuer. Additionally, the CoC approved the appointment of an accountant for audit purposes and noted the approved CIRP costs. The company continues to be under insolvency proceedings, with the resolution process ongoing.