BIL Vyapar Limited Files Q4FY26 Dematerialization Compliance Certificate

1 min read     Updated on 15 Apr 2026, 01:58 PM
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BIL Vyapar Limited submitted its quarterly compliance certificate for Q4FY26 under SEBI regulations, confirming proper dematerialization of share certificates within prescribed timelines. The filing was made to BSE, NSE, and Calcutta Stock Exchange, with confirmation from registrar MUFG Intime India Private Limited, demonstrating continued regulatory compliance despite being under CIRP.

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BIL Vyapar Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The company filed the certificate on April 15, 2026, confirming proper dematerialization of share certificates within prescribed timelines.

Regulatory Compliance Filing

The certificate was submitted to multiple stock exchanges where the company's shares are listed, including BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited. The filing demonstrates the company's continued adherence to regulatory requirements despite being under Corporate Insolvency Resolution Process (CIRP).

Filing Details: Information
Quarter Ended: March 31, 2026
Filing Date: April 15, 2026
Regulation: SEBI Regulation 74(5)
Certificate Type: Dematerialization Compliance

Registrar Confirmation

MUFG Intime India Private Limited (formerly Link Intime India Private Limited), serving as the company's Registrar and Transfer Agent, provided the confirmation certificate dated April 1, 2026. The RTA confirmed that all securities received for dematerialization during Q4FY26 were processed within prescribed timelines and proper procedures were followed.

RTA Information: Details
Registrar: MUFG Intime India Private Limited
Former Name: Link Intime India Private Limited
Certificate Date: April 1, 2026
Authorized Signatory: Ashok Shetty, Sr. Vice President

Stock Exchange Communications

The compliance certificate was communicated to all relevant stock exchanges with specific reference codes. BSE Limited received the filing under Scrip Code 500059, while National Stock Exchange was notified under symbol BILVYAPAR. The Calcutta Stock Exchange was informed under Code 12026.

Company Status and Authorization

Daman Preet Kaur, Company Secretary cum Compliance Officer, digitally signed the submission on April 15, 2026, at 12:49:28 +05'30'. The company continues to maintain regulatory compliance while operating under CIRP, with its corporate office located at Mercantile Chambers, Mumbai.

Corporate Details: Information
Company Name: BIL Vyapar Limited
Former Name: Binani Industries Limited
CIN: L24117WB1962PLC025584
Current Status: Under CIRP
Compliance Officer: Daman Preet Kaur

This quarterly filing represents the company's ongoing commitment to regulatory compliance and transparency with stakeholders, ensuring proper documentation of share dematerialization processes during the insolvency resolution proceedings.

What impact will the ongoing Corporate Insolvency Resolution Process have on BIL Vyapar's ability to maintain regulatory compliance in future quarters?

How might the recent name change of the Registrar and Transfer Agent from Link Intime to MUFG Intime affect BIL Vyapar's share transfer operations?

Will BIL Vyapar's listing status across multiple exchanges be affected as the CIRP proceedings progress?

BIL Vyapar Limited Committee of Creditors Approves Resolution Plan Documents and CIRP Cost Ratification

1 min read     Updated on 27 Mar 2026, 12:49 AM
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BIL Vyapar Limited disclosed the successful outcome of its 6th Committee of Creditors meeting held on 13th March, 2026, with e-voting concluded on 23rd March, 2026. The committee approved the Request for Resolution Plan documents, Evaluation Matrix, CIRP cost ratification, and the appointment of Pawan Vani & Associates as tax consultant. This disclosure was made under SEBI regulations as part of the company's ongoing Corporate Insolvency Resolution Process.

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BIL Vyapar Limited (formerly Binani Industries Limited) has disclosed the outcome of its 6th Committee of Creditors meeting, marking significant progress in its Corporate Insolvency Resolution Process (CIRP). The company made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details and Approval Process

The Committee of Creditors meeting was held on 13th March, 2026, with the e-voting process concluding on 23rd March, 2026. The committee successfully approved all agenda items presented during the meeting.

Approved Agenda Items

The committee approved the following key matters:

Agenda Item Details
Resolution Plan Documents Request for Resolution Plan (RFRP) and Evaluation Matrix
Evaluation Matrix Discussion and approval of evaluation criteria
CIRP Cost Ratification Ratification of BIL Vyapar Limited's CIRP costs
Tax Consultant Appointment Ratification of Pawan Vani & Associates appointment and fees

Corporate Information

BIL Vyapar Limited operates under CIN L24117WB1962PLC025584 and maintains its corporate office at Mercantile Chambers, 12, J. N. Heredia Marg, Ballard Estate, Mumbai 400001. The company is currently undergoing CIRP proceedings, with Daman Preet Kaur serving as Company Secretary cum Compliance Officer.

Regulatory Compliance

The disclosure was made in accordance with Para 16(g) of Part A of Schedule III of the LODR regulations. This ensures transparency and keeps stakeholders informed about the progress of the resolution process. The company's commitment to regulatory compliance demonstrates its adherence to corporate governance standards during the insolvency proceedings.

What is the expected timeline for receiving and evaluating resolution plans from potential bidders?

How will the approved evaluation matrix criteria impact the selection of the final resolution applicant?

What are the potential implications for existing shareholders if a resolution plan is successfully implemented?

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