Winsome Yarns Limited has informed the Exchange about reasons for Delayed/Non-submission of Financial Results
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Winsome Yarns Limited has delayed filing its unaudited financial results for the quarter ended 31 December 2025, citing reasons beyond its control. The company has been under Corporate Insolvency Resolution Process (CIRP) since 22 December 2023 after NCLT Chandigarh admitted a petition by Edelweiss Asset Reconstruction Company under Section 7 of the IBC. M/s. ARCK Resolution Professionals LLP is acting as the Resolution Professional. The Committee of Creditors has approved the resolution plan submitted by M/s Mohini Health & Hygiene Limited, but the application seeking NCLT approval of this plan is still pending. The company says it is running with limited staff, has no work orders in hand, and lacks funds even to pay salaries, which has delayed finalising the quarterly financials.
Shareholders should note that the company is still under insolvency and its revival depends on NCLT approving the resolution plan by Mohini Health & Hygiene. Continued delay in financial reporting reflects weak operations and poor cash flow, adding to uncertainty for investors. Stock price could remain volatile until the insolvency outcome is known.