VXL Instruments Limited has scheduled its Fourth Implementation and Monitoring Committee (IMC) meeting for Wednesday, September 30, 2026, at 11:30 am. The meeting will be conducted through Audio-Visual means in virtual mode.

The company had previously announced that its trading window would close starting October 1, 2026, ahead of the declaration of unaudited financial results for the quarter and half year ending September 30, 2026. The trading window will remain closed until 48 hours after the conclusion of the Monitoring Committee meeting.

Corporate Insolvency Resolution Process Update

The Corporate Insolvency Resolution Process (CIRP) of VXL Instruments commenced pursuant to an order dated November 26, 2024, passed by the National Company Law Tribunal (NCLT), Mumbai Bench-I, under the Insolvency and Bankruptcy Code, 2016. Jayanti Lal Jain was appointed as the Interim Resolution Professional and subsequently as the Resolution Professional to manage the company's affairs.

During the CIRP period, the powers of the Board of Directors were suspended, and the Resolution Professional managed the company's operations. Subsequently, the NCLT approved the Resolution Plan submitted by a consortium comprising NG Organics Private Limited and Nitinbhai Govindbhai Patel on September 9, 2026.

Implementation Stage and Regulatory Compliance

Following the approval of the Resolution Plan, the CIRP concluded, and the company entered the implementation stage. A Monitoring Committee was constituted in accordance with the terms of the Approved Resolution Plan to oversee implementation and undertake specified functions.

The scheduling of this fourth IMC meeting aligns with the timeline for approving quarterly financial results. The closure of the trading window is mandated by the Code of Conduct for Prevention of Insider Trading framed pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, ensuring insiders do not trade while in possession of unpublished price-sensitive information regarding the company's performance.

VXL Instruments Limited announced its first Monitoring Committee meeting is scheduled for September 17, 2026. The session will be conducted via audio-visual means in virtual mode at 12:30 pm.

The disclosure was made pursuant to Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Jayanti Lal Jain, Chairman of the Monitoring Committee, issued the intimation to the BSE Listing Department.

Meeting Details

The committee is responsible for overseeing the corporate insolvency resolution process. The filing confirms the procedural compliance with listing obligations.