Compliance under Regulation 24(A) of SEBI (LODR) Regulations, 2015
WINSOME · price
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Winsome Yarns Ltd has filed its Annual Secretarial Compliance Report for FY 2025-26, disclosing that the company remains under Corporate Insolvency Resolution Process (CIRP) since December 2023. The NCLT approved the Resolution Plan of Mohini Health & Hygiene Limited on April 16, 2026. The report highlights two key non-compliance issues: (1) the Company Secretary and Compliance Officer position has been vacant since December 22, 2023, violating SEBI Regulation 6(1), for which BSE has levied a fine of Rs. 1,06,200 including GST; (2) the company has not filed quarterly financial results for FY 2025-26. Most SEBI governance regulations are exempted during CIRP period. The Resolution Professional is overseeing compliance obligations.
The company continues to operate under insolvency proceedings with limited governance requirements. The approved resolution plan marks the final stage of CIRP. However, non-compliance with LODR requirements and unpaid fines remain concerns for shareholders. The stock (Script: 514348) is listed on BSE and NSE (WINSOME) and trading status may be affected by the ongoing insolvency closure.