BIL VYAPAR LIMITED
Incorporated in 1962, Binani Industries Ltd is in the business of Media, Logistics, Zinc, and Other products
What BIL files
- Others62
- Updates17
- Board Meeting10
- Important8
- Results3
- Insider Trade3
BIL Vyapar's Committee of Creditors reviewed the financial results for the first quarter. Auditors issued a disclaimer of conclusion on these results, citing multiple significant uncertainties. These include unreleased corporate guarantees of 80.25 Cr, undisclosed asset valuations preventing revaluation to net realisable values, and ongoing lawsuits concerning a 35 Cr...
BIL Vyapar is exempt from certain governance and disclosure regulations for the current quarter. Its paid-up equity capital is below ₹10 Cr and net worth is below ₹25 Cr, simplifying compliance requirements for the company.
BIL Vyapar's auditors issued a Disclaimer of Opinion on FY26 results due to massive accumulated losses (₹217.66 Cr), eroded net worth, and liquidation accounting. Significant uncertainties include corporate guarantees (₹80.25 Cr), unvalued assets, unrecorded losses, and tax receivables. Company remains under CIRP.
BIL Vyapar's Committee of Creditors approved the standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026. However, auditors issued a Disclaimer of Opinion on these results, citing insufficient audit evidence. Key concerns include unresolved corporate guarantees of INR 80.25 Cr, unaudited valuation reports...
Binani Industries Limited has resubmitted its financial results for the third quarter and the nine months ended December 31, 2024, after being requested for a legible copy. The company reported a net loss of ₹38.64 crore for the quarter, with total expenses reaching ₹38.54 crore against no revenue, marking a...