BSEBoard Meeting4d ago · 5 Nov 2026, 10:40 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

✦ AI Summary▼ NegativeResults

VXL Instruments Ltd, a company under Corporate Insolvency Resolution Process, has announced its unaudited standalone financial results for the quarter and half year ended September 30, 2026. The company reported a loss of ₹1.13 crore for the quarter and ₹8.20 crore for the half year. The earnings per equity share for continuing operations were ₹0.01 and ₹0.06 for the quarter and half year respectively.

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Earnings Impact1/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk6/10
Balance Sheet Risk9/10
Liquidity Impact2/10
Market Sentiment1/10

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VXL Instruments Ltd - 517399 - Board Meeting Outcome for Outcome Of The Monitoring Committee Meeting Under Regulation 30 Read With Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

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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 [Showing first 8,000 characters — download PDF for full document]