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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.
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.
Winsome Yarns Limited announced the successful conduct of its 28th Committee of Creditors (CoC) meeting on March 25, 2026. Proposed resolutions were approved by the CoC with the requisite majority. The company remains under the Corporate Insolvency Resolution Process (CIRP) managed by Resolution Professional Anil Kohli.