Indcap Advisors acted as the exclusive financial advisor to BTL EPC Limited in its successful acquisition of McNally Bharat Engineering Company Limited through the Corporate Insolvency Resolution Process (CIRP) under the IBC. The firm advised on enterprise valuation, commercial due diligence, risk assessment, preparation and refinement of the resolution plan, bidding strategy during the challenge process, negotiations with the Resolution Professional and Committee of Creditors (CoC), and transaction structuring. Following a highly competitive bidding process, BTL EPC emerged as the successful resolution applicant and received NCLT (National Company Law Tribunal) approval.