Winsome Yarns Limited has informed the Exchange regarding Cessation of Mr Rajiv Chadha as Non- Executive Independent Director of the company w.e.f. January 06, 2026.
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Mr. Rajiv Chadha (DIN: 08793211) ceased to be a Non-Executive Independent Director of Winsome Yarns Limited with effect from the close of business hours on January 6, 2026. This was a routine end of his 5-year term, which had run from the conclusion of the 30th Annual General Meeting (December 11, 2020) to the conclusion of the 35th Annual General Meeting. The company is currently under the Corporate Insolvency Resolution Process (CIRP), and the intimation is signed by the Resolution Professional from ARCK Resolution Professionals LLP. No reasons of resignation, removal, or governance concern were cited; it is purely a scheduled tenure expiry.
This is a routine, scheduled end of a director's term rather than a sudden or controversial exit, so it is unlikely to move the stock. Investors should keep in mind the company remains under CIRP, which is the more important context for the stock.