BILVYAPARBSEBIL VYAPAR LIMITEDHighNeutral
Announced Thu, 3 Sept · 18:04 IST

CoC approves resolution plan of Fairplan Distributors

Nclt Insolvency AdmittedRegulatory & Legal View source PDFExplain this filing

BILVYAPAR · price

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AI summary

BIL Vyapar Limited, under CIRP, informed that the 17th Committee of Creditors meeting approved the resolution plan of Fairplan Distributors Pvt Ltd. The company is undergoing the Corporate Insolvency Resolution Process under IBC.

Likely market impact

Existing shareholders likely to face significant dilution or loss of value under IBC resolution plan.