Key Developments & Proceedings

The adjourned 40th AGM of VXL Instruments Limited was held on Friday, November 13, 2026, at 04:00 P.M. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The original 40th AGM, convened on October 26, 2026, was adjourned due to the non-availability of the requisite quorum.

The meeting commenced at 04:00 P.M. and concluded at 04:20 P.M. The e-voting facility remained open for an additional 15 minutes after the conclusion of the meeting.

Attendance

Members of the Monitoring Committee Present:

  • Mr. Jayantilal Jain, Chairperson of the Monitoring Committee (Mumbai)
  • Mr. Ankur Poddar, Member of the Monitoring Committee (Mumbai)
  • Mr. Anish Shah, Member of the Monitoring Committee (Mumbai)

Other Representatives Present:

  • Mr. Lalit Dave, Authorized Representative of Statutory Auditor (Mumbai)
  • Ms. Muskan Agrawal, Authorized Representative of Scrutinizer (Mumbai)

Shareholder Attendance:

  • 4 members attended, representing 904,835 shares, which is 6.82% of the share capital on the record date.
  • 0 proxies attended.
  • 0 representatives attended.

Business Conducted

The single item of business placed before the members for consideration and voting was an Ordinary Resolution:

  • To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon.

Voting Process

The remote e-voting facility was provided through Bigshare Services Private Limited. It was open from Thursday, October 22, 2026, at 9:00 A.M. (IST) until Sunday, October 25, 2026, at 5:00 P.M. (IST). Members who had not voted remotely were provided an opportunity to vote electronically during the AGM. M/s. Nishtha Khandelwal & Associates, Practising Company Secretaries, were appointed as the Scrutinizer. The voting results will be declared upon receipt of the Scrutinizer's Report.

Other Key Points

  • Mr. Bhupendra Dave, Legal Advisor to the Monitoring Committee, conducted the proceedings.
  • The company is under the Corporate Insolvency Resolution Process (CIRP) pursuant to an order of the Hon'ble NCLT, Mumbai Bench, passed on November 26, 2024.
  • No requests for registration as speaker shareholders were received for the adjourned AGM.
  • No questions or queries were received from members during the meeting.
  • The Chairman of the Monitoring Committee briefed members on important developments concerning the company and the CIRP.

Financial Impact

Financial impact not quantified in the disclosure. The meeting was procedural for the adoption of FY26 financial statements.