Winsome Yarns Limited has informed the Exchange about Corporate Insolvency Resolution Process

Winsome Yarns Limited's resolution plan has been approved by the Hon'ble NCLT Chandigarh Bench on 16th April 2026. The company had negative net worth of INR 40,897.33 lakh before the Corporate Insolvency Resolution Process (CIRP). The Resolution Applicant, Mohini Health & Hygiene Limited, will infuse INR 162.9 crores total including INR 137 crores for secured financial creditors, INR 2.5 crores for CIRP costs, and INR 20 crores for working capital. Existing shareholders will be diluted from 100% to just 5% on a pro-rata basis, while Mohini Health & Hygiene acquires 95% stake. All pre-CIRP liabilities stand extinguished upon this approval. The company will continue as a going concern.