Initiation of Corporate Insolvency Resolution Process (CIRP)

It is hereby intimated that CIRP has been initiated in respect of the company BIL VYAPAR LIMITED ( FORMERLY BINANI INDUSTRIES LTD )under the provisions of the Insolvency and Bankruptcy Code, 2016 (Code) by an order of National Company Law Tribunal (NCLT), Kolkata Bench with effect from 13/11/2025.

Mr. Subodh Kumar Aggarwal was appointed as the Interim Resolution Professional vide order dated 13.11.25 .

Ms. Rachna Jhunjhunwala was replaced as Resolution Professional vide Hon’ble NCLT order dated 13.01.2026 (Order uploaded on NCLT website and communicated on 04.02.2026)