Winsome Yarns amends MOA to add real estate and infrastructure business
WINSOME · price
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Winsome Yarns board approved altering its Object Clause to include real estate, construction, infrastructure development, townships, hotels, warehouses, hospitals and related activities. The company will also adopt new MOA and AOA as per Companies Act 2013, subject to shareholder approval. This follows the NCLT approving the resolution plan in April 2026 with Mohini Health and Hygiene as the successful resolution applicant, marking a major pivot from textiles to real estate and infrastructure.
Signals a major business pivot from textiles to real estate and infrastructure post-insolvency resolution. Shareholder approval pending.