Winsome Yarns Limited has informed the Exchange about General Updates
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Winsome Yarns Limited, which is currently under the Corporate Insolvency Resolution Process (CIRP), has informed the exchanges that the 25th meeting of the Committee of Creditors will be held on January 13, 2026, via video conferencing. The meeting is being conducted by the Resolution Professional, Anil Kohli of ARCK Resolution Professionals LLP, at their office in New Delhi. The company has also noted that its registered office in Chandigarh was vacated on December 30, 2024, and it is now operating from Mohali, Punjab. The fact that this is the 25th COC meeting indicates the insolvency process has been ongoing for an extended period.
This is a routine procedural update during an ongoing insolvency process. For shareholders, it is generally a negative signal — equity holders typically receive little to nothing in the final resolution plan, and the large number of COC meetings suggests delays or difficulties in reaching a resolution.