VXL Instruments Ltd — Board Meeting, 26-05-2025: Board Meeting
26-05-2025 | 12:42 pm
26-05-2025 | 12:42 pm
VXL Instruments Limited is undergoing Corporate Insolvency Resolution Process (CIRP) following a court order, with the Resolution Professional (RP) appointed to manage the company in place of the suspended Board of Directors. The RP has announced a meeting of the RP Committee to approve the audited financial results for the financial year ended March 31, 2025. During CIRP, all board and committee responsibilities are transferred to the RP, ensuring continuity in governance and financial oversight despite the insolvency situation, which is critical for creditors and shareholders monitoring the company’s restructuring progress.
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