VXL Instruments Ltd

VXL Instruments Limited, currently under the implementation of a resolution plan following a corporate insolvency resolution process initiated on November 26, 2024, announced that its Monitoring Committee will meet on November 5, 2026, to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2026. The resolution plan was approved by the National Company Law Tribunal, Mumbai Bench -I, on September 9, 2026, and involves a consortium of NG Organics Private Limited and Mr. Nitinbhai Govindbhai Patel.

VXL Instruments Limited, under implementation of a resolution plan, announced that its Fifth Implementation and Monitoring Committee meeting will be held on Thursday, October 29, 2026, at 12:00 P.M. through Audio-Visual means in virtual mode, as per Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

VXL Instruments Limited received approval from the National Company Law Tribunal, Mumbai Bench, for a modified resolution plan, replacing a merger with NG Organics Private Limited and Nitinbhai Govindbhai Patel with a revised implementation mechanism. The modification, which does not alter the total bid value of Rs 7 crore, creditor entitlements, priorities, or implementation timelines, was sought to avoid delays and uncertainty related to the merger, which was initially part of the approved resolution plan. The Consortium of NG Organics Private Limited and Nitinbhai Govindbhai Patel had previously funded Rs 7 crore to implement the plan.

VXL Instruments Limited announced that its 40th Annual General Meeting, scheduled for Monday, October 26, 2026, was adjourned due to a lack of quorum, and will now be held on Friday, November 13, 2026, at 4:00 P.M. through Video Conferencing and Other Audio-Visual Means.

VXL Instruments Limited announced that its 39th Annual General Meeting, scheduled for Monday, October 26, 2026, was adjourned due to a lack of quorum, and will now be held on Friday, November 13, 2026, at 12:00 p.m. through Video Conferencing and Other Audio-Visual Means.

VXL Instruments Limited, currently under a Corporate Insolvency Resolution Process, submitted a compliance certificate to the BSE Ltd. for the quarter and half-year ended September 30, 2026, as stipulated by Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, with Bigshare Services Private Limited confirming no dematerialization requests were received between July 1, 2026, and September 30, 2026.

VXL Instruments Limited announced an update regarding the implementation of a Resolution Plan approved by the Hon’ble National Company Law Tribunal, Mumbai Bench -I, involving NG Organics Private Limited and Mr. Nitinbhai Govindbhai Patel. The original plan contemplated a merger of NG Organics Private Limited with VXL Instruments Limited, but a direction from the Approval Order made the merger dependent on procedures under the Companies Act, 2013, prompting NG Organics Private Limited to file an application under Section 60(5) of the Insolvency and Bankruptcy Code before the Hon’ble NCLT for approval of modified clauses, which do not alter the financial or commercial terms approved by the Committee of Creditors, and the Successful Resolution Applicant has funded the entire consideration contemplated under the Resolution Plan.

VXL Instruments Limited informed the BSE that the trading window for dealing in the company's securities will be closed from October 1, 2026, in connection with the declaration of the unaudited financial results for the quarter and half year ending September 30, 2026, and will remain closed until 48 hours after the conclusion of the Monitoring Committee meeting where the results are considered and approved. The company, undergoing implementation of a resolution plan approved by a consortium of NG Organics Private Limited and Mr. Nitinbhai Govindbhai Patel, is being overseen by a Monitoring Committee.

VXL Instruments Limited, under implementation of a resolution plan, announced that its Third Implementation and Monitoring Committee meeting was held on Friday, September 25, 2026, through audio-visual means, commencing at 11:30 A.M. and concluding at 12:30 P.M.

VXL Instruments Limited, under implementation of a resolution plan, announced that its Second Implementation and Monitoring Committee meeting was held on Saturday, September 19, 2026, commencing at 11:30 A.M. and concluding at 12:30 P.M., as per Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.