VXL Instruments Ltd has informed the Exchange about the 6th meeting of Committee of Creditors to be held on Monday, April 07, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
VXL Instruments Ltd, which is already undergoing the Corporate Insolvency Resolution Process (CIRP) following an NCLT Mumbai Bench order dated 26th November 2024, has informed the stock exchange that its 6th Committee of Creditors (CoC) meeting will be held on Monday, 7th April 2025 at 02:30 PM in Mumbai (and/or via video conferencing). The intimation has been submitted by the appointed Resolution Professional, Jayanti Lal Jain, under SEBI Listing Regulations. The company continues to be under the insolvency process, and this is a routine procedural update on the ongoing CoC proceedings.
No new operational or financial information is disclosed — this is a routine procedural notice. However, existing shareholders remain exposed to significant risk as the CIRP process is ongoing, which typically results in equity dilution or total loss for shareholders if a resolution plan is approved by creditors.