VXL Instruments has informed the exchange regarding Non-Submission of Financial Results for the Quarter Ended 31 December 2025 under Regulation 33 of SEBI (LODR) Regulations, 2015 due to ....
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VXL Instruments Ltd has informed BSE that it will be delayed in submitting its financial results for the quarter ended 31 December 2025 (Q3 FY26) under SEBI's Listing Obligations and Disclosure Requirements. The company cites significant challenges in compiling and reconciling financial data from both physical and electronic sources. VXL Instruments has been under the Corporate Insolvency Resolution Process (CIRP) since 26 November 2024, following an NCLT Mumbai Bench admission order, with Jayanti Lal Jain serving as the Resolution Professional. During CIRP, the role of the board is taken over by the RP. The company has committed to submitting the results at the earliest once complete financial information is available.
Shareholders face reduced transparency as quarterly financials remain pending, and the stock may attract SEBI scrutiny or trading restrictions for non-compliance with disclosure timelines. The underlying CIRP status remains the more significant concern for investors, signalling deep financial distress.