StockWatch
·
Print Media
Deals3 Sept 2026, 06:10 pm

Bil Vyapar Creditors Approve Fairplan Distributors Resolution Plan

AI Summary

Bil Vyapar Limited (formerly Binani Industries Limited) announced that the Committee of Creditors has approved the resolution plan submitted by Fairplan Distributors Pvt Ltd. This decision was made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approval signifies a key step in the Corporate Insolvency Resolution Process (CIRP) for the company.

Key Highlights

  • Committee of Creditors approved resolution plan.
  • Fairplan Distributors Pvt Ltd is the approved entity.
  • Decision made under SEBI LODR Regulations, 2015.
  • Key development in the company's CIRP.