VXL Instruments Ltd. — Board/Management Information 2025

May 26, 2025

Regd. & Corporate Office: VO-838, We work Vaswani Chambers, 2[nd] 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

May 26, 2025

To,

The Manager, Listing Department, BSE Ltd. P J Towers, Dalal Street, Mumbai - 400 001

BSE Scrip Code: 517399

- Subject: Prior Intimation of Resolution Professional (RP) Committee meeting (in lieu of suspended Board of Directors) Under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sir/ Madam,

This is with reference to the Corporate Insolvency Resolution Process (“CIRP”) of VXL Instruments Limited (CIN: L85110MH1986PLC272426) having its registered office at 252, 5th Floor, Building No. 2, Solitaire Corporate Park, Chakala, Andheri East, Mumbai City, Mumbai-400093, Maharashtra, India, (hereinafter referred as “Corporate Debtor”) under the Insolvency and Bankruptcy Code, 2016 (“Code”) commenced pursuant to order no. CP (IB) No. 570 (MB)2024 dated November 26, 2024 (date of receipt of order by IRP is December 03, 2024) passed by the Hon’ble National Company Law Tribunal, Mumbai Bench - V (“Admission Order”).

In terms of the Admission Order, the undersigned has been appointed as the Interim Resolution Professional (“IRP”) and Moratorium has been declared. Further, the first meeting of the Committee of Creditors was duly convened and concluded on December 30, 2024, and based on the voting held on mentioned date, the IRP was appointed as the Resolution Professional (“RP”).

Pursuant to the Admission Order and in consonance with the provisions of regulation 15(2A) of the SEBI (LODR) Regulations, 2015, the provisions of Regulation 17 of the SEBI (LODR) Regulations, 2015 (“Board of Directors”) shall not be applicable during the insolvency resolution process period in respect of a listed entity which is undergoing corporate insolvency resolution process under the Code. Further, the roles and responsibilities of the board of directors as specified under Regulation 17 shall be fulfilled by the IRP or RP in accordance with sections 17 and 23 of the Code.

Regd. & Corporate Office: VO-838, We work Vaswani Chambers, 2[nd] 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

Additionally, Regulation 15 (2B) of the SEBI (LODR) Regulations, 2015 states that the provisions as specified in regulations 18 (“Audit Committee”),19 (“Nomination and remuneration committee”), 20 (“Stakeholders Relationship Committee”) and 21 (“Risk Management Committee”) shall not be applicable during the insolvency resolution process under the Code and the roles and responsibilities of the committees specified in the respective regulations shall be fulfilled by the IRP or RP.

In terms of Regulation 29(1)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Resolution Professional shall consider and approve the Audited Financial Results on standalone basis for the financial year ended on March 31, 2025 in a Resolution Professional (RP) Committee meeting (in lieu of suspended Board of Directors) scheduled to be held on Friday, May 30, 2025.

You are requested to kindly take the above information on record.

Thanking You.

Yours Faithfully,

For VXL Instruments Limited (Undergoing CIRP)

Digitally signed by JAYANTI LAL JAIN DN: c=IN, o=Personal, title=2705, 2.5.4.20=7d37194bffa4e1b278f3a275b42a118e7e 70f54ca2cf78d1158788413059f4eb, postalCode=400097, st=Maharashtra, serialNumber=89296303b7c45f8fe24bdde7abcb cd6f20f9edb52a2c2d49f31c1bbfce75c8f7, cn=JAYANTI LAL JAIN Date: 2025.05.26 11:44:00 +05'30'

DN: c=IN, o=Personal, title=2705, 2.5.4.20=7d37194bffa4e1b278f3a275b42a118e7e JAYANTI 70f54ca2cf78d1158788413059f4eb, postalCode=400097, st=Maharashtra, serialNumber=89296303b7c45f8fe24bdde7abcb cd6f20f9edb52a2c2d49f31c1bbfce75c8f7, LAL JAIN cn=JAYANTI LAL JAIN Date: 2025.05.26 11:44:00 +05'30' Jayanti Lal Jain Resolution Professional for VXL Instruments Limited Registration No: IBBI/IPA-001/IP-P-01792/2019-2020/12845 AFA Valid till 31st December 2025

Address: 708, 7th Floor, Raheja Centre, Nariman Point, Mumbai City, Maharashtra, 400021 Email: jljain.ip@gmail.com ; cirpvxlil@yahoo.com

Place: Mumbai