BIL Vyapar 63rd AGM 2026: Record Date, E-Voting Schedule

Key update from the company

BIL Vyapar Limited has announced key dates and the process for its 63rd Annual General Meeting (AGM), scheduled for September 30, 2026. The meeting will be conducted through video conferencing and other audio-visual means (VC/OAVM). The company has also outlined the record date, book closure window, and the e-voting timeline for shareholders. These disclosures were made through stock exchange filings dated September 8, 2026.

The AGM agenda includes routine items such as the adoption of financial statements for the year ended March 31, 2026. Another key item is the appointment of statutory auditors to fill a casual vacancy, subject to shareholder approval. The update is significant because the company is currently under the Corporate Insolvency Resolution Process (CIRP), and compliance-driven corporate actions remain closely watched by investors.

AGM date, time, and mode

The 63rd AGM is scheduled for Wednesday, September 30, 2026 at 04:00 PM IST. BIL Vyapar has stated that the meeting will be held via VC/OAVM. The notice for the AGM, covering the Financial Year 2025-26, has been sent to shareholders via email and is also available on the company’s website.

For shareholders, the VC/OAVM format means participation is tied to electronic access rather than a physical venue. The company’s filings also indicate the meeting is being convened in line with applicable provisions of the Companies Act, 2013 and SEBI LODR requirements. Given the ongoing CIRP status, the company has also referenced compliance with the Insolvency and Bankruptcy Code, 2016.

Record date and book closure details

BIL Vyapar has fixed Wednesday, September 23, 2026 as the record date for determining voting entitlements for e-voting at the AGM. The company has also announced that its Register of Members and Share Transfer Books will be closed from September 24, 2026 to September 30, 2026 (both days inclusive). This is the period used to finalise eligible shareholders for the AGM-related processes.

In practical terms, the record date establishes who can vote, while the book closure helps the company and its registrar ensure the shareholder register is aligned for voting and related corporate actions. These procedural disclosures are standard for listed companies, but they carry added relevance when a company is operating under CIRP oversight.

E-voting window for shareholders

The company has disclosed that remote e-voting will be available from Sunday, September 27, 2026 at 09:00 AM to Tuesday, September 29, 2026 at 05:00 PM, inclusive. During this period, shareholders can vote electronically on all resolutions mentioned in the AGM notice.

This timeline provides a clear window for investors who may not be able to attend the VC/OAVM meeting live. It also aligns with the broader market practice of allowing remote voting ahead of the meeting date. Shareholders typically need to ensure their holdings are reflected as of the record date to exercise voting rights.

What shareholders will vote on

BIL Vyapar’s AGM agenda includes adoption of the Standalone and Consolidated Audited Financial Statements for the year ended March 31, 2026, along with the Board’s Report and the Auditor’s Report. The agenda also includes the appointment of M/s RNM & Associates as Statutory Auditors for FY27 to fill the casual vacancy created by the resignation of M/s TLB & Co.

The auditor appointment has been linked to a recent board and creditor-level process. Filings indicate that the board accepted the resignation of TLB & Co. and proposed RNM & Associates, with the appointment subject to shareholder approval at the AGM.

Auditor change and the Committee of Creditors

The company has stated that the Committee of Creditors (CoC) appointed RNM & Associates as the new Statutory Auditor effective August 04, 2026, during a meeting held on that date. This auditor change is being placed before shareholders at the AGM, as required.

Separately, the company has also disclosed ongoing creditor meetings as part of CIRP. BIL Vyapar (formerly Binani Industries Limited) had scheduled its eighth CoC meeting for April 22, 2026. It has also disclosed that the 19th CoC meeting was set for August 14, 2026, where the resolution plan was to be reviewed.

CIRP status and regulatory context

BIL Vyapar is currently undergoing the Corporate Insolvency Resolution Process. The company has disclosed that the NCLT admitted a Section 7 application filed by Punjab National Bank on November 13, 2025. The AGM is being convened by the Resolution Professional, Ms. Rachana Jhunjhunwala.

The company has stated that the process and convening of the meeting are in compliance with the Companies Act, 2013, SEBI LODR Regulations, and the Insolvency and Bankruptcy Code, 2016. For investors, these references clarify that routine governance actions like AGMs and auditor appointments continue even while insolvency proceedings are underway.

Company identifiers and leadership details disclosed

BIL Vyapar trades on BSE under code 500059 and on NSE under symbol BILVYAPAR. The ISIN disclosed is INE071A01013. The company has also provided corporate contact details including its registered address in Kolkata, phone number, email, and website, along with registrar details (Link Intime India Pvt Ltd).

The management team information disclosed includes Rajesh Kumar Bagri (Non Executive Director) and Ashish Turakhi (CFO and Company Secretary). The company has also listed six Independent Directors: Manoj T Shroff, Sanjib Maity, Pradyut Meyur, Milin Ramani, and Pankti Yogesh Patel Poojari.

Snapshot table: AGM and voting schedule

Market impact and why this matters

The disclosures primarily affect shareholder participation mechanics rather than immediate operations. Record date, book closure, and e-voting timelines define who can vote and how. For a company under CIRP, such procedural clarity helps investors track governance continuity and required approvals.

The proposed auditor appointment is a key governance item because it follows a resignation and a creditor-level appointment effective August 04, 2026. While the company has not provided financial performance figures in these disclosures, it has indicated that audited standalone and consolidated financial statements for the year ended March 31, 2026 will be placed for adoption.

Conclusion

BIL Vyapar’s September 30, 2026 AGM sets out a clear schedule for record date, book closure, and e-voting, with the meeting to be held via VC/OAVM. Shareholders will vote on adopting the FY financial statements and on appointing RNM & Associates as statutory auditors to fill a casual vacancy. The next key milestone is the AGM itself, along with shareholder voting during the September 27-29 e-voting window.