Winsome Yarns Ltd

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

Winsome Yarns Legal & Regulatory

Winsome Yarns Limited announced that the Hon'ble NCLT, Chandigarh Bench, approved its Resolution Plan on April 16, 2026. The order was passed under the Insolvency and Bankruptcy Code, 2016. The company will submit specific features of the approved plan upon receipt of the written order.