BIL Vyapar Limited has formally notified stock exchanges about its upcoming fifth Committee of Creditors meeting, scheduled for February 19, 2026. The announcement was made in compliance with regulatory disclosure requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Insolvency Resolution Process Status

The company, formerly known as Binani Industries Limited, is currently operating under the Corporate Insolvency Resolution Process (CIRP). Ms. Rachna Jhunjhunwala serves as the Resolution Professional, managing the company's affairs, business operations, and assets during this period.

Regulatory Compliance and Disclosure

The meeting notification was submitted to multiple stock exchanges where the company's shares are listed. The disclosure was made pursuant to Regulation 30 of SEBI LODR and in accordance with Para 16(g) of Part A of Schedule III of the listing regulations.

Stock Exchange Details

Company 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's transformation from Binani Industries Limited reflects its current restructuring phase under the insolvency resolution framework.

The Committee of Creditors meeting represents a crucial step in the ongoing resolution process, where creditors will deliberate on matters related to the company's revival and debt resolution strategies. The appointment of the Resolution Professional follows the provisions of the Insolvency and Bankruptcy Code, 2016, ensuring professional management during the resolution period.

BIL Vyapar Limited has informed stock exchanges about a change in its statutory auditor's name following a merger between audit firms. The company, formerly known as Binani Industries Limited and currently under Corporate Insolvency Resolution Process (CIRP), filed the notification under Regulation 30 on 13th February 2026.

Auditor Name Change Details

The statutory auditor V P Thacker and Co has merged with Risabh Lodha & Bhatt, Chartered Accountants, effective from 28th January 2026. Following this merger, the new entity will operate under the name TLB and Co, Chartered Accountants.

Regulatory Compliance

The notification was submitted to multiple stock exchanges where the company's shares are listed:

• BSE Limited: Scrip Code 500059
• National Stock Exchange of India Limited: Symbol BILVYAPAR
• The Calcutta Stock Exchange Limited: Code 12026

Company Status

BIL Vyapar Limited, with CIN L24117WB1962PLCO25584, is currently operating under Corporate Insolvency Resolution Process. The notification was signed by Rachana Jhunjhunwala, Resolution Professional, with IBBI registration number IBBI/IPA-001/IP-P00389/2017-18/10707.

The company maintains its corporate office at Mercantile Chambers, 12, J. N. Heredia Marg, Ballard Estate, Mumbai 400 001, and continues its operations under the oversight of the resolution professional during the insolvency proceedings.