BIL Vyapar Limited issues revised Form G for CIRP, inviting Expressions of Interest
BIL Vyapar Limited issued a revised Form G for its Corporate Insolvency Resolution Process. The last date for EOI is February 19, 2026. Resolution plans are due by April 7, 2026. The company reported zero revenue for FY25, with other income at ₹2,51,000.
The issuance of a revised invitation for Expression of Interest is a step in the insolvency resolution process, which could significantly impact the company's future ownership and operations. However, it is a procedural update and not a definitive outcome.
The announcement is a procedural update regarding the Corporate Insolvency Resolution Process and does not contain financial results or strategic changes that would indicate a positive or negative sentiment.
BIL Vyapar Limited, formerly Binani Industries Limited, has issued a revised Form G (Invitation for Expression of Interest) as part of its Corporate Insolvency Resolution Process (CIRP).
The company, engaged in the business of management consultancy, published the revised Form G on February 3, 2026. This follows the initial issuance of Form G on February 2, 2026. The company is currently under CIRP, with Mr. Subodh Kumar Agrawal serving as the Interim Resolution Professional, appointed by the National Company Law Tribunal on November 13, 2025.
The revised Form G outlines several key dates for the resolution process. The last date for receipt of Expression of Interest (EOI) is February 19, 2026. Subsequently, the provisional list of prospective resolution applicants will be issued on February 26, 2026, with objections to this list 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, Evaluation Matrix, and Request for Resolution Plans will also be issued. The final deadline for the submission of Resolution Plans is April 7, 2026.
Financial information provided for the Financial Year 2024-2025 indicates zero total revenue and other income of ₹2,51,000. The company has no employees and is registered as MSME NA. Further details, including financial statements and lists of creditors, are available via email at ibc.binani@gmail.com and on 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.