Winsome Yarns Limited's Committee of Creditors Approves Resolutions in 25th Meeting
Winsome Yarns Limited successfully conducted its 25th Committee of Creditors meeting on January 13, 2026, with CoC members approving proposed resolutions with requisite majority. The meeting was convened by Resolution Professional Mr. Anil Kohli of ARCK Resolution Professionals LLP through video conferencing. The company has also relocated its operations from Chandigarh to Mohali, Punjab, effective December 30, 2024, while continuing its CIRP proceedings.
*this image is generated using AI for illustrative purposes only.
Winsome yarns Limited has announced the outcome of its 25th Committee of Creditors (CoC) meeting, which was successfully conducted on January 13, 2026. The meeting represents a significant milestone in the company's ongoing Corporate Insolvency Resolution Process (CIRP) proceedings.
Meeting Details and Conduct
The CoC meeting was held at 04:00 P.M through Video Conferencing and Other Audio-Visual Means (OAVM), ensuring participation from all relevant stakeholders. Mr. Anil Kohli, Designated Partner of M/s ARCK Resolution Professionals LLP, convened the meeting in his capacity as the Resolution Professional for Winsome Yarns Limited.
| Meeting Parameter: | Details |
|---|---|
| Meeting Number: | 25th CoC Meeting |
| Date: | January 13, 2026 |
| Time: | 04:00 P.M |
| Mode: | Video Conferencing/OAVM |
| Convener: | Mr. Anil Kohli, ARCK Resolution Professionals LLP |
Resolution Approval Process
During the meeting, various resolutions were proposed and presented to the CoC members for their consideration and approval. Following detailed discussions, the committee members voted on the proposed resolutions. The meeting concluded successfully with the CoC approving all proposed resolutions with the requisite majority, marking a positive development in the resolution process.
Corporate Infrastructure Changes
The company has undergone significant operational changes, including a relocation of its working premises. Winsome Yarns Limited vacated its registered office located at Basement, SCO 13-14-15, Sector 34-A, Chandigarh on December 30, 2024. The company is now operating from its new facility at B-58, Industrial Area, Phase-7, Mohali, Punjab-160055.
Resolution Professional Details
Mr. Anil Kohli serves as the Designated Partner and Authorized Signatory for ARCK Resolution Professionals LLP in the matter of Winsome Yarns Limited. His IBBI registration number is IBBI/IPE-0030/IPA-1/2022-23/50013, with AFA validity extending until December 31, 2026. The resolution professional entity continues to oversee the CIRP proceedings and coordinate with creditors and stakeholders.
Regulatory Compliance
The announcement was made in compliance with Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure ensures transparency and keeps all stakeholders, including stock exchanges BSE Limited and National Stock Exchange of India Ltd, informed about material developments in the company's resolution process.
Historical Stock Returns for Winsome Yarns
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.76% | -5.11% | -2.91% | -18.14% | -1.76% | -80.47% |
What specific resolution plan details were approved that could indicate the company's restructuring strategy and timeline for exiting CIRP?
How might the relocation from Chandigarh to Mohali impact operational costs and the company's ability to attract potential investors or buyers?
What are the potential implications for minority shareholders and retail investors if the approved resolutions lead to significant debt restructuring or ownership changes?
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