VXL Instruments Limited has informed the Exchange about the Twelfth (12th) meeting of Committee of Creditors to be held on Friday, May 23, 2025
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VXL Instruments Limited has informed BSE that its 12th Committee of Creditors meeting will be held on Friday, May 23, 2025, at 5:00 p.m. in Mumbai and via video conferencing. The company is currently undergoing the Corporate Insolvency Resolution Process (CIRP) following an NCLT Mumbai Bench order dated 26th November 2024. The meeting is being conducted by Resolution Professional Jayanti Lal Jain. This is a routine procedural update and does not indicate any new development in the insolvency process itself.
This is a routine procedural filing with no direct impact on shareholders. The company remains under insolvency resolution, meaning equity shareholders are typically last in line for any recovery. Investors should monitor for actual resolution plan approval or liquidation outcomes rather than routine COC meeting notices.