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Winsome Yarns legal & regulatory announcements

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20:00 IST BSE
Legal & RegulatoryWinsome Yarns Ltd 514348

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