BIL Vyapar Limited (formerly Binani Industries Limited) has informed the stock exchanges that Regulation 27 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is not applicable to the company for the fourth quarter and the year ended March 31, 2026. This is due to the company being under Corporate Insolvency Resolution Process (CIRP). Ms. Rachana Jhunjhunwala was appointed as the Resolution Professional for BIL Vyapar Limited effective January 13, 2026. Consequently, as per Regulation 15 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company is exempted from the requirements of Regulation 27.