VXL Instruments Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 20/08/2025 ,inter alia, to consider and approve In terms of Regulation 29(1)(a) ....
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VXL Instruments Limited, which is currently under Corporate Insolvency Resolution Process (CIRP) since November 26, 2024 by order of NCLT Mumbai, has informed BSE that a meeting of the Resolution Professional Committee will be held on August 20, 2025. The suspended Board of Directors' role is being performed by the Resolution Professional Jayanti Lal Jain. The agenda is to consider and approve the unaudited standalone financial results for the quarter ended June 30, 2025. This comes after a prior intimation on August 14, 2025 flagging a delay in submitting Q1 results due to non-availability of financial information.
Shareholders should note that the company remains under insolvency proceedings, meaning the existing Board is suspended and a Resolution Professional is running operations. The delayed submission of quarterly results and CIRP status signal significant financial distress; investors should watch for the approved results and any resolution plan developments closely, as outcomes could materially affect share value.