VXL Instruments Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2017

1. The above audited results were reviewed by the Audit Committee, were approved by the Board at its meeting held on 27th May, 2017.

2. Figures for the quarter ended 31.03.2017 are the balancing figures between audited figures for the year ended 31.03.2017 and Results up to 31.12.2016

3. Figures for the previous year/ period have been re-grouped/ recast wherever necessary to conform to the current year/ period of presentation.

4. The Sole Subsidiary of the Company namely, VXL Instruments Limited, UK was wound up as per the Order dated 7th November, 2016 of High Court of Justice, UK. Hence Consolidated Results are not available.