Winsome Yarns wipes out 99.7 percent of old shares, new promoter takes 95 percent stake, shifts to real estate

Winsome Yarns is implementing its NCLT-approved resolution plan from April 2026. Old promoter shares of 2.73 crore are reduced to zero and public shares are slashed from 4.34 crore to just 1.31 lakh, a 99.7 percent wipeout for existing holders. Record date is July 31, 2026. The company will issue 25 lakh fresh equity shares at Rs 10 face value to Dhananya Capital Private Limited as the new 95 percent promoter. The object clause is being amended to move from textiles into real estate, construction, hotels and infrastructure. Board committees have been reconstituted.