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:

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.

BIL Vyapar Limited has notified stock exchanges regarding a change in the name of its statutory auditor following a merger between audit firms. The company, formerly known as Binani Industries Limited and currently operating under Corporate Insolvency Resolution Process (CIRP), made this disclosure in compliance with Regulation 30 requirements.

Auditor Merger Details

The company informed that V P Thacker and Co, its statutory auditor, has merged with Lodha & Bhatt, Chartered Accountants effective January 28, 2026. Following this merger, the combined entity now operates under the name TLB & Co, Chartered Accountants.

Regulatory Compliance

BIL Vyapar Limited communicated this development to multiple stock exchanges where its shares are listed. The notification was sent to BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited on February 18, 2026.

The intimation was signed by Daman Preet Kaur, Company Secretary cum Compliance Officer, and references an earlier communication dated February 13, 2026. This disclosure ensures transparency regarding changes in the company's statutory auditor arrangement and maintains compliance with regulatory requirements for listed companies.