VXL Instruments Ltd — Updates, 20-05-2025: Company Update

VXL Instruments Limited is under Corporate Insolvency Resolution Process (CIRP). The Eleventh meeting of its Committee of Creditors was held recently via physical and virtual modes. The meeting lasted 45 minutes and focused on the ongoing resolution process. This update highlights continued creditor engagement in managing the company’s insolvency proceedings, reflecting progress in addressing the company’s financial distress and protecting stakeholder interests.