BIL Vyapar Limited: V P Thacker and Co Merges with Lodha & Bhatt, New Auditor is TLB & Co
BIL Vyapar Limited's statutory auditor, V P Thacker and Co, has merged with Lodha & Bhatt, Chartered Accountants, effective January 28, 2026. The new auditor will be known as TLB & Co, Chartered Accountants. The company is currently under CIRP.
A change in auditor due to a merger is a procedural event and typically has a low direct impact on the company's ongoing business operations or financial standing, unless specific issues were raised by the previous auditor.
The announcement is a routine update regarding a change in auditors due to a merger and does not inherently carry positive or negative implications for the company's financial performance or operations.
BIL Vyapar Limited (formerly Binani Industries Limited) announced a change in its statutory auditor. Effective January 28, 2026, V P Thacker and Co, the previous statutory auditor, has merged with Lodha & Bhatt, Chartered Accountants. The new entity formed by this merger will operate under the name TLB & Co, Chartered Accountants. This information was communicated to the BSE Limited, The Calcutta Stock Exchange Limited, and the National Stock Exchange of India Limited on February 18, 2026, following up on a previous intimation dated February 13, 2026. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP).
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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See the model portfoliosA plain-language summary of a public exchange filing by BIL VYAPAR LIMITED. Read the original for the full detail.