BINANI INDUSTRIES LTD.

BIL Vyapar Limited (formerly Binani Industries Limited) has submitted its unaudited financial results for the first quarter ended June 30, 2026. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated November 21, 2025. The auditor's report highlights significant uncertainties and disclaimers due to ongoing legal proceedings, potential liabilities from corporate guarantees, valuation issues of assets held for sale, and disputes over property sales. The company's net worth has been fully eroded, and liabilities exceed assets, leading to the preparation of financial statements on a liquidation basis.

Bil Vyapar Limited (formerly Binani Industries Limited) has announced that the 19th meeting of its Committee of Creditors will be held on Friday, August 14, 2026. This intimation is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Paragraph 16(g) of Part A of Schedule III of the LODR. The meeting is a procedural step under the Corporate Insolvency Resolution Process (CIRP) for the company.

Bil Vyapar Limited (formerly Binani Industries Limited) has filed a corporate announcement regarding the resignation of its statutory auditors, TLB & Co. The auditors cited "pre-occupation with other professional commitments" as the reason for their resignation. The resignation was effective from August 04, 2026. TLB & Co. was appointed as the statutory auditor at the AGM held on September 16, 2025, and their term was scheduled to expire upon the completion of the AGM for FY 2029-30. The last audit report submitted by TLB & Co. was for the quarter and year ended March 31, 2026, dated May 29, 2026. The company has confirmed that there are no other material reasons for the resignation beyond those stated.

Bil Vyapar Ltd announced that the Committee of Creditors has accepted the resignation of its Statutory Auditor, TLB & Co., effective August 4, 2026. The company has appointed RNM & Associates, Chartered Accountants, as the new Statutory Auditor, subject to member approval at the upcoming Annual General Meeting. The resignation was attributed to the previous auditor's pre-occupation with other professional commitments. RNM & Associates, based in Lucknow, has a diverse client base and expertise in taxation, corporate law, and GST.

Bil Vyapar Ltd announced that the Committee of Creditors has accepted the resignation of its statutory auditor, TLB & Co., effective August 4, 2026. The resignation was due to pre-occupation with other professional commitments. Subsequently, the Committee has appointed RNM & Associates, Chartered Accountants, as the new statutory auditor, subject to member approval at the upcoming Annual General Meeting. TLB & Co. confirmed there were no other reasons for their resignation and no matters to be brought to shareholders' or creditors' notice.

Bil Vyapar Limited (formerly Binani Industries Limited) has announced the postponement of its 18th Committee of Creditors meeting. The meeting, originally scheduled for August 3rd, 2026, will now take place on August 4th, 2026. This update is in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and pertains to the company's ongoing Corporate Insolvency Resolution Process (CIRP).

Bil Vyapar Limited (formerly Binani Industries Limited) has announced that the 18th meeting of its Committee of Creditors will be held on Monday, August 3, 2026. This meeting is being held in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30 and Para 16(g) of Part A of Schedule IIT. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP).

Bil Vyapar Limited (formerly Binani Industries Limited) has announced that the 17th meeting of its Committee of Creditors will be held on Friday, July 17, 2026. This intimation is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with Para 16(g) of Part A of Schedule III of the LODR. The meeting is being held under the Corporate Insolvency Resolution Process (CIRP).

Bil Vyapar Ltd has submitted minutes of the 14th Meeting of the Committee of Creditors, detailing key approvals under the SEBI LODR Regulations. The committee took note of the Asset Tracing Report and Transaction Audit Report. They also reviewed belated claims from creditors and discussed resolution plans received after observation. Approved CIRP expenses and ratified the extension for resolution plan submission until June 18th. Estimated future expenses, including legal and travel, were also approved, along with a ratification of expenses amounting to ₹6,80,822.19.

BIL Vyapar Ltd (formerly Binani Industries Ltd) announced that its Committee of Creditors (CoC) has approved the audited financial results for the fourth quarter and financial year ended March 31, 2026. The company is currently under Corporate Insolvency Resolution Process (CIRP). The statutory auditors have issued a disclaimer of opinion on the standalone financial results for the year and a disclaimer of conclusion on the unaudited standalone financial results for the quarter. This is due to a lack of sufficient appropriate audit evidence, particularly concerning corporate guarantees and letters of comfort issued for subsidiaries.