BILVYAPAR NSE filing

BIL Vyapar Limited: Auditor V P Thacker and Co Merges with Risabh Lodha & Bhatt, Forms TLB and Co

The RealCase readLow impact Neutral

BIL Vyapar Limited's statutory auditor, V P Thacker and Co, has merged with Risabh Lodha & Bhatt, Chartered Accountants. The new combined entity will operate as TLB and Co, Chartered Accountants, effective January 28, 2026. This change impacts the company's corporate governance structure.

Why it matters

A change in auditor due to a merger is a standard corporate event and typically has a low direct impact on the company's operations or financial performance, assuming the new auditors are reputable.

The market read

The announcement concerns a routine change in auditor due to a merger, which does not inherently imply positive or negative performance for the company. It's a procedural update.

BIL Vyapar Limited (formerly Binani Industries Limited) has announced a significant change in its statutory auditor. Effective from January 28, 2026, the firm V P Thacker and Co, which served as the company's statutory auditor, has merged with Risabh Lodha & Bhatt, Chartered Accountants.

The merged entity will now operate under the new name TLB and Co, Chartered Accountants. This change has been formally communicated to the stock exchanges, including BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Limited, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Filing to action

What to do with a filing like this

BIL VYAPAR LIMITED filed this with the NSE as a statutory disclosure, categorised under auditor changes. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.

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Primary source

A plain-language summary of a public exchange filing by BIL VYAPAR LIMITED. Read the original for the full detail.

View original filing