Announced Tue, 23 Jun · 21:39 IST
Board reconstituted post-CIRP; 6 new directors appointed
WINSOME · price
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Price reaction · full curve 14 horizons · vs prior close
—1-day move
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prior close
₹2.41
base price
After-mkt
timing
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AI summary
Winsome Yarns, emerging from CIRP after NCLT approved Mohini Health & Hygiene's resolution plan in April 2026, appointed 6 new directors on June 23, 2026. Vipan Kumar is the new Executive Director. Avnish Bansal is the new Chairperson and his wife Parul Bansal joins as Women Non-Executive Director. Mahesh Fogla, Sanjeev Nahar and Bibhudutta Satpathy are the three new Independent Directors.
Likely market impact
New management from the resolution applicant now controls the board. Watch for revival plan execution and shift in business focus from the new promoter.