updates w.r.t the filing of application under Section 60(5) of Insolvency and Bankruptcy Code, 2016.

Regd. & Corporate Office: VO-838, We work Vaswani Chambers, 2nd Floor, 264-265, Dr. Annie Besant Road, Shivaji Nagar, Municipal Colony, Worli, Mumbai – 400025/30. Mobile: 9320015747, E-mail: cfo@vxl.net, website: http://www.vxli.net CIN: L85110MH1986PLC272426 Company under Corporate Insolvency Resolution Process vide order of Hon’ble NCLT, Mumbai Bench passed on 26th Nov 2024 Date: 15/10/2026 The Manager, Listing Department BSE Limited P J Towers, Dalal Street, Mumbai - 400 001 BSE Scrip Code: 517399 Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Reg.: Update on implementation of Resolution Plan approved by the Hon’ble National Company Law Tribunal, Mumbai Bench-I Dear Sir, This refers to our announcements dated 10.9.2026 and 11.09.2026 regarding approval of Resolution Plan by the Hon’ble National Company Law Tribunal, Mumbai Bench-I (“Hon’ble NCLT”), vide its Order dated September 09, 2026 (Approval Order) in IA (IBC) (Plan) No. 69 of 2025 in CP (IB) No. 570 of 2024, of NG Organics Private Limited and Mr. Nitinbhai Govindbhai Patel in respect of VXL Instruments Limited (“Company/Corporate Debtor”) under Section 31 of the Insolvency and Bankruptcy Code, 2016 (“IBC”). In this respect, we would like to update the Exchange on following development, post approval of resolution plan:- 1. The Resolution Plan contemplated merger of NG Organics Private Limited (“Successful Resolution Applicant”/“SRA”) with VXL Instruments Limited as part of the implementation structure and shares of the Corporate Debtor were to be issued / allotted to the shareholders of NG Organics Private Limited. Regd. & Corporate Office: VO-838, We work Vaswani Chambers, 2nd Floor, 264-265, Dr. Annie Besant Road, Shivaji Nagar, Municipal Colony, Worli, Mumbai – 400025/30. Mobile: 9320015747, E-mail: cfo@vxl.net, website: http://www.vxli.net CIN: L85110MH1986PLC272426 Company under Corporate Insolvency Resolution Process vide order of Hon’ble NCLT, Mumbai Bench passed on 26th Nov 2024 2. Paragraph 43(m) of the Approval Order directed that the merger be subject to the prescribed procedure under the Companies Act, 2013. This rendered the merger-dependent implementation clauses incapable of being operated in their original form. 3. Accordingly, the SRA has filed an application under Section 60(5) of IBC before the Hon’ble NCLT, seeking approval of the certain modified clauses of the Resolution Plan. The modified clauses in question do not disturb the financial or commercial terms approved by the Committee of Creditors. The SRA has also funded the entire consideration contemplated under the Resolution Plan. 4. The SRA accordingly seeks approval of the Modified clauses of the Resolution Plan from the Hon’ble NCLT. We shall keep the Exchange informed on receipt of directions from the National Company Law Tribunal. Till receipt of necessary directions from the National Company Law Tribunal, the management of the Corporate Debtor rests with the Monitoring Committee. Please take on the record above information. Thanking you, Yours Faithfully. For VXL Instruments Limited (Under implementation of Resolution Plan) Jayanti Lal Jain Chairman of the Monitoring Committee for VXL Instruments Limited Registration No: IBBI/IPA-001/IP-P-01792/2019-2020/12845 Address: 708, 7th Floor, Raheja Centre, Nariman Point, Mumbai City, Maharashtra, 400021 Email: jljain.ip@gmail.com; cirpvxlil@yahoo.com