BSEResult4d ago · 5 Nov 2026, 10:45 pm
With reference to our intimation dated October 30, 2026, we wish to inform you that the Monitoring Committee of the Company, at its meeting held today considered and taken on record the Unaudited Standalone Financial Results of the Company for the quarter and half year ended September 30, 2026
VXL Instruments Ltd · 517399
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VXL Instruments Ltd has released its unaudited standalone financial results for the quarter and half year ended September 30, 2026, under the Corporate Insolvency Resolution Process (CIRP). The company reported a profit before exceptional items and tax of (1.13) lakhs, with a loss of (1.13) lakhs for the period. The earnings per equity share for continuing operations was (0.01) rupees, and (0.01) rupees for diluted operations. The company's affairs have been under the supervision of the Resolution Professional (RP) since November 26, 2024.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment2/10
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VXL Instruments Ltd - 517399 - Financial Results For The Quarter And The Half Year Ended 30Th September 2026
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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: November 05, 2026
The Manager,
Listing Department,
BSE Ltd.
P J Towers, Dalal Street,
Mumbai - 400 001
BSE Scrip Code: 517399
Subject: - Outcome of the Monitoring Committee Meeting under Regulation 30 read with Regulation
33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam,
With reference to our intimation dated October 30, 2026, we wish to inform you that the Monitoring
Committee of the Company, at its meeting held today, i.e., Thursday, November 5, 2026, has considered
and taken on record the Unaudited Standalone Financial Results of the Company for the quarter and
half year ended September 30, 2026.
A copy of the aforesaid Unaudited Standalone Financial Results, along with the Limited Review Report
issued by the Statutory Auditors of the Corporate Debtor, is enclosed herewith for your reference and
records.
The meeting commenced at 05:30 p.m. and concluded at 08:30 p.m.
You are requested to kindly take the above information on record.
Thanking You
Yours Faithfully,
For VXL Instruments Limited
(Under Implementation of Resolution Plan)
Jayanti Lal Jain
Chairman of Monitoring Committee
Registration No: IBBI/IPA-001/IP-P-01792/2019-2020/12845
AFA Valid till 30th June 2027
Address: 708, 7th Floor, Raheja Centre, Nariman Point,
Mumbai City, Maharashtra, 400021
Email: jljain.ip@gmail.com; cirpvxlil@yahoo.com
VXL INSTRUMENTS LIMITED
CIN : L85110MH1986PLC272426
VO-838, We work Vaswani Chambers, 2nd Floor, 264-265, Dr. Annie Besant Road, Shivaji Nagar,Municipal Colony, Worli, Mumbai – 400025/30.
Statement of Cash flows for the year ended Septmeber 30,2026
Sl.No. Particulars (Rupees in lakhs except earning per share)
Quarter Ended Six Month Ended Year ended
30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
I Revenue from operations 0.00 0.00 0.00 0.00 7.55 7.55
II Other Income 5.42 1.57 1.15 6.99 7.94 16.24
III Total Revenue (I+II) 5.42 1.57 1.15 6.99 15.49 23.79
IV Expenses
a Cost of materials 0.00 0.00 0.00 0.00 7 .55 0.00
b Purchase of stock in trade 0.00 0.00 0.00 0.00 0.00 0.00
Changes in inventories of finished goods 0.00 0.00 0.00 0.00 0.00 7.55
c Changes in inventories of work in progress and
stock in trade 0.00 0.00 0.00 0.00 0.00 0.00
d Employee benefit expenses 0.00 0.00 0.00 0.00 0.00 0.00
e Finance Costs 0.18 0.00 0.00 0.19 0.01 0 .06
f Depreciation and amortization 0.00 0.00 0.64 0.00 1.28 1 .28
g Other expenses 6.36 8.64 11.75 15.00 24.40 4 1.45
Total Expenses 6.54 8 .64 12.40 15.18 3 3.25 5 0.34
Profit/(loss) before exceptional items and tax
V (III-IV) (1.13) (7.07) (11.25) (8.20) (17.76) (26.54)
VI Exceptional items - - - - - (21.75)
VII Profit/(loss) before tax (V-VI) (1.13) (7.07) (11.25) (8.20) (17.76) (48.29)
VIII Tax expense
Current tax
MAT credit
Profit/(loss) for the period from continuing
IX operations (VII-VIII) (1.13) (7.07) (11.25) (8.20) (17.76) (48.29)
X Profit and loss from discontinuing operations
XI Tax expense of discontinuing operations
Profit/(loss) from Discontinuing operations
XII (after tax) (X-XI) -
XIII Profit/(loss) for the period (IX+XII) (1.13) (7.07) (11.25) (8.20) (17.76) (48.29)
XIV Other Comprehensive Income :
Items that will not be reclassified to profit or
A.loss(net of tax) - -
Fair Value Adjustment through Other
B.Comprehensive Income - -
Total Comprehensive Income for the period
(XIII+XIV) (1.13) (7.07) (11.25) (8.20) (17.76) (48.29)
Paid up Equity Share Capital (face value Rs.
XVI 10/- each) 1332.48 1332.48 1332.48 1332.48 1332.48 1332.48
Earnings per equity share (for continuing
XVII operation)
(a) Basic (0.01) (0.05) (0.08) (0.06) (0.13) (0.04)
(b) Diluted (0.01) (0.05) (0.08) (0.06) (0.13) (0.04)
Earnings per equity share (for discontinuing
XVIII operation)
(a) Basic
(b) Diluted
Earnings per equity share (for continuing and
XIX discontinuing operation)
(a) Basic (0.01) (0.05) (0.08) (0.06) (0.13) (0.04)
(b) Diluted (0.01) (0.05) (0.08) (0.06) (0.13) (0.04)
Notes :
1 The Corporate Insolvency Resolution Process (CIRP) of the Company was initiated under the provisions of the Insolvency and Bankruptcy Code, 2016,
pursuant to the order dated 26th November, 2024 passed by the Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench, in CP (IB)/570(MB)/2024, a
copy of which was received by the Company on 2nd December, 2024. Subsequently, the Hon’ble NCLT, Mumbai Bench-I, vide its order dated 9th September,
2026, approved the Resolution Plan submitted by NG Organics Private Limited and Mr. Nitinbhai Govindbhai Patel under Section 31 of the Insolvency and
Bankruptcy Code, 2016
2 The affairs of the Company have been under the supervision of the Resolution Professional (RP) only from the CIRP commencement date, i.e., 26th November
2024. The financial results relate to the quarter ended 30 September,2026 under the Corporate Insolvency Resolution Process (CIRP). Accordingly, the
suspended Directors have signed these financial statements with the express consent of the Resolution Professional (RP).
3 The Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench-I, vide its order dated September 09, 2026, approved the Resolution Plan submitted by
NG Organics Private Limited and Mr. Nitinbhai Govindbhai Patel in respect of the Company under Section 31 of the Insolvency and Bankruptcy Code, 2016. The
Resolution Plan contemplated merger of NG Organics Private Limited with the Company. However, pursuant to paragraph 43(m) of the NCLT Approval Order,
the merger is required to be undertaken in accordance with the applicable provisions of the Companies Act, 2013. Accordingly, the Successful Resolution
Applicant has filed an application under Section 60(5) of the IBC before the Hon’ble NCLT seeking approval of certain modified implementation clauses, without
altering the financial or commercial terms approved by the Committee of Creditors. The Successful Resolution Applicant has funded the entire consideration
contemplated under the Resolution Plan.
4 These financial results have been prepared in accordance with Indian Accounting Standards ("IND AS) prescribed under Section 133 of the Companies Act,
2013 read with the relevant rules thereunder and in terms of Regulation 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 and
SEBI Circular dated 5 July, 2016.
5 Previous period figures regrouped, wherever necessary.
For and on behalf of the Board
Mr.Jayantilal Jain
Erstwhile Resolution Professional &
Chairman of the Monitoring Committee
Date:05.11.2026 for VXL Instruments Limited
Place:Mumbai Reg.No. 1BBI/IPA-001/IP- P01792/2019-32/12845
VXL INSTRUMENTS LIMITED
CIN : L85110MH1986PLC272426
VO-838, We work Vaswani Chambers, 2nd Floor, 264-265, Dr. Annie Besant Road, Shivaji Nagar,
Municipal Colony, Worli, Mumbai – 400025/30.
Statement of Assets and Liabilities
(Amount Rs.in Lakhs)
Particulars As at As at
September 30, 2026 March 31,2026
Un-Audited Audited
A ASSETS
1 Non-current Assets
(a) Property, plant and equipment 0.00 0.00
(b) Other Intangible assets 0.00 0.00
(c) Right of Use Asset 0.00 0.00
(d) Financial assets 0.00 0.00
(i) Investments 0.00 0.00
(ii) Loans 0.00 0.00
(iii) Other financial assets 0.25 0.25
(e) Other non-current assets 26.41 26.41
Total Non-current Assets 26.66 26.66
2 Current Assets
(a) Inventories 0.00 0.00
(b) Financial assets 0.00 0.00
(i)Trade receivables 3.67 3.67
(ii) Cash and cash equivalents 1.87 4.44
(iii) Other bank balance 801.36 200.08
(iv) Other financial assets 0.00 0.00
(c) Current tax assets (Net) 0.00 0.00
(d) Other current assets 118.44 115.74
Total C
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