VXL Instruments Limited has announced that its Resolution Professional will hold a meeting on May 29, 2026, to approve the company's financial performance for the previous fiscal year. The meeting will be conducted in place of the suspended Board of Directors, which remains non-functional pursuant to the Corporate Insolvency Resolution Process (CIRP) initiated against the company.

The company is currently undergoing CIRP under the Insolvency and Bankruptcy Code, 2016, following an order passed by the Hon’ble National Company Law Tribunal, Mumbai Bench, on November 26, 2024. Consequently, the powers of the Board of Directors and various committees, including the Audit and Stakeholders Relationship Committees, have been assumed by the Resolution Professional in accordance with SEBI regulations.

Agenda for the Meeting

The primary agenda for the meeting scheduled on Friday, May 29, 2026, is the consideration and approval of the audited financial results. These results pertain to the financial year ended March 31, 2026, and will be presented on a standalone basis.

Key Details

Jayanti Lal Jain serves as the Resolution Professional for vxl instruments . The intimation regarding this meeting was submitted to the stock exchanges on May 25, 2026, to ensure compliance with disclosure requirements.

VXL Instruments Limited has submitted its quarterly compliance certificate for the quarter and year ended 31st March 2026 to BSE Limited. The filing was made in accordance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Corporate Insolvency Resolution Process Status

The company is currently operating under Corporate Insolvency Resolution Process (CIRP) following an order passed by the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench on 26th November 2024. The compliance certificate was submitted by Resolution Professional Jayanti Lal Jain, who is overseeing the company's operations during the insolvency proceedings.

Compliance Certificate Details

The compliance certificate was issued by Bigshare Services Private Limited, which serves as the company's Registrar and Share Transfer Agent (RTA). The certificate confirms compliance with dematerialization requirements and regulatory obligations for the specified period.

Key aspects covered in the compliance certificate include:

• Securities received from depository participants for dematerialization up to 31st March 2026 were duly confirmed
• Securities comprised in the certificates have been listed on the stock exchange
• Security certificates received for dematerialization have been mutilated and cancelled after due verification
• Names of depositories have been substituted in the register of members as registered owners within the prescribed 15-day timeline

Company Information

VXL Instruments Limited operates from its registered and corporate office located at VO-838, We work Vaswani Chambers, 2nd Floor, 264-265, Dr. Annie Besant Road, Shivaji Nagar, Municipal Colony, Worli, Mumbai. The company trades on BSE under the symbol 517399 and holds CIN L85110MH1986PLC272426.

Resolution Professional Contact Details

The Resolution Professional Jayanti Lal Jain can be contacted at his office located at 708, 7th Floor, Raheja Centre, Nariman Point, Mumbai City, Maharashtra. The CIRP-related communications are being handled through dedicated email channels established for the insolvency proceedings.