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Insolvency Petition

Winsome Yarns Insolvency Petition

Winsome Yarns fixed July 31, 2026, as the record date for capital reduction per NCLT order. Promoter shares will be extinguished, and public holding significantly reduced.

Source

BSE filing, BSE: 514348. Summary written from the filing by ALFA Finder's alert engine.

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20:00 IST BSE
Legal & Regulatory

Winsome Yarns Legal & Regulatory

Winsome Yarns Limited announced NCLT approval for its Resolution Plan involving a ₹162.9 Crore fund infusion by Mohini Health & Hygiene Limited. The plan includes paying ₹137 Crore to secured creditors and restructuring equity, with existing public shareholders retaining a 5% stake. This marks a critical milestone in the company's insolvency resolution and operational turnaround.

Value
₹162.9 Cr
Execution
365 days
15:14 IST BSE
Insolvency Petition

Winsome Yarns Insolvency Petition

NCLT Chandigarh Bench approved a ₹162.90 Crore resolution plan submitted by Mohini Health and Hygiene Limited for Winsome Yarns Limited. The plan provides for settlement of admitted claims totaling ₹1,894.69 Crore, including payments to secured financial creditors. The implementation period is set at 365 days from the approval date.

Value
₹162.9 Cr
Execution
365 days

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