BIL Vyapar Limited: Addendum to Expression of Interest Issued, EOI Deadline Feb 19
BIL Vyapar Limited issued an addendum to its Expression of Interest (EOI) as part of its Corporate Insolvency Resolution Process. Key dates include the EOI deadline of February 19, 2026, and resolution plan submission by April 7, 2026. The company reported zero revenue for FY24-25.
This announcement is significant as it pertains to the ongoing corporate insolvency resolution process and provides crucial timelines for potential resolution applicants, which could impact the future of the company.
The announcement is a procedural update regarding the corporate insolvency resolution process and does not contain information that positively or negatively impacts the company's outlook.
BIL Vyapar Limited, formerly known as Binani Industries Limited, has issued an addendum to its Expression of Interest (EOI). This addendum, issued pursuant to an order dated January 13, 2026, and received on February 4, 2026, was published on February 7, 2026. The company is currently undergoing Corporate Insolvency Resolution Process, with Ms. Rachana Jhunjhunwala serving as the Resolution Professional. The addendum provides updated timelines for the resolution process. The last date for the receipt of expressions of interest is February 19, 2026. Subsequently, the provisional list of prospective resolution applicants will be issued on February 26, 2026, with objections due by March 3, 2026. The final list of prospective resolution applicants is scheduled for issuance on March 6, 2026, on which date the information memorandum and request for resolution plans will also be issued. The final deadline for the submission of resolution plans is April 7, 2026.
As per the latest available financial information for the Financial Year 2024-2025, BIL Vyapar Limited reported a Total Revenue of Rs. 0 and Other Income of Rs. 2,51,000. The company currently has no employees. Information regarding eligibility for resolution applicants and further details, including financial statements and creditor lists, can be obtained by contacting ibc.binani@gmail.com or by visiting the IBBI website.
What to do with a filing like this
BIL VYAPAR LIMITED filed this with the NSE as a statutory disclosure, categorised under corporate insolvency resolution process. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by BIL VYAPAR LIMITED. Read the original for the full detail.