Announced Mon, 6 Jul · 15:54 IST
CoC approves final negotiation with resolution applicants under CIRP
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BILVYAPAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.7%1-day move
₹4.11
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+1.7+1.0+0.5+1.2+1.9-0.2+0.0———
Up moveDown movePending
AI summary
BIL Vyappar (formerly Binani Industries) disclosed minutes of its 16th Committee of Creditors meeting under the ongoing Corporate Insolvency Resolution Process. The CoC approved final negotiation and challenge mechanism with resolution applicants, continuing the process from the 15th CoC meeting.
Likely market impact
Resolution applicants still under final negotiation. Outcome depends on approved resolution plan; equity may face dilution or extinction.