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Outcome of board meeting of VXL Instruments

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Capital Market
Last Updated : Dec 22 2015 | 12:01 AM IST

Held on 19 December 2015

VXL Instruments announced that the Board of Directors of the Company at its meeting held on 19 December 2015 have discussed, noted and recorded the performance of its Subsidiary, VXL Instruments, UK. In this regard letter dated 17 December 2015 received from the Subsidiary at UK. Due to continuing losses, the Directors have decided not to recruit new employees unless the business situation of the UK Subsidiary improves.

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First Published: Dec 21 2015 | 9:28 AM IST

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