VXL Instruments limited has informed the Exchange regarding the filing of the Resolution Plan with the Tribunal
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.1 pts more than Nifty Microcap 250 and 2.3 pts more than its Consumer Electronics peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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VXL Instruments Limited, which is currently undergoing Corporate Insolvency Resolution Process (CIRP) following an NCLT Mumbai order dated 26 November 2024, has had its Resolution Plan approved by the Committee of Creditors (CoC) and filed with the NCLT Mumbai Bench on 5 June 2025 under Section 30(6) of the Insolvency and Bankruptcy Code, 2016. The filing was made by the Resolution Professional, Jayanti Lal Jain, and intimated to BSE under SEBI LODR Regulation 30. The company is at an advanced stage of the insolvency resolution process, with NCLT approval of the plan now the next critical step.
This is a meaningful milestone for shareholders, but the outcome remains uncertain. In a CIRP, existing equity typically faces significant dilution or may be written down depending on the resolution plan's terms. Investors should wait for NCLT's approval and details of the resolution plan (including any revival, restructuring, or liquidation terms) before drawing conclusions about shareholder value.