Winsome yarns Limited has officially notified the BSE and NSE about the completion of Mr. Rajiv Chadha's tenure as Non-Executive Independent Director, effective January 6, 2026. The announcement was made through a regulatory filing dated January 13, 2026, in compliance with SEBI Listing Regulations.

Director Tenure Details

Mr. Rajiv Chadha (DIN: 08793211) served as an Independent Director for exactly five years, having been appointed by shareholders during their meeting held on December 11, 2020. His directorship was structured to span from the conclusion of the company's 30th Annual General Meeting to the conclusion of the 35th Annual General Meeting.

Regulatory Compliance

The cessation occurred at the closure of business hours on January 6, 2026, coinciding with the conclusion of the company's 35th Annual General Meeting. The company has fulfilled all disclosure requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoDI/P/CIR/2023/123 dated July 13, 2023.

Corporate Status Update

Winsome Yarns Limited is currently operating under Corporate Insolvency Resolution Process (CIRP). The regulatory filing was signed by Anil Kohli, Designated Partner & Authorized Signatory of ARCK Resolution Professionals LLP, which is acting as the Resolution Professional in the matter. The Resolution Professional holds IBBI Registration No. IBBI/IPE-0030/IPA-1/2022-23/50013, with AFA validity until December 31, 2026.

Operational Changes

The company has also updated its operational address, having vacated its registered office at Basement, SCO 13-14-15, Sector 34-A, Chandigarh on December 30, 2024. The company is presently operating from B-58, Industrial Area, Phase-7, Mohali, Punjab-160055.

This directorship change represents a routine corporate governance matter as the Independent Director completed his statutorily permitted tenure. The company continues its operations under the resolution process while maintaining compliance with all regulatory requirements.

Winsome yarns Limited has informed stock exchanges about the outcome of its 24th Committee of Creditors (CoC) meeting conducted under the Corporate Insolvency Resolution Process (CIRP). The meeting represents a significant step in the company's ongoing resolution proceedings as it continues to navigate through the insolvency framework.

Meeting Details and Conduct

The 24th CoC meeting was successfully convened on November 4, 2025, at 12:30 PM through video conferencing and other audio-visual means. The meeting was chaired by Mr. Anil Kohli, Designated Partner of ARCK Resolution Professionals LLP, who is serving as the Resolution Professional for Winsome Yarns Limited under the CIRP proceedings.

Resolution Approval Process

During the meeting, various resolutions were proposed and presented to the CoC members for their consideration and approval. Following detailed discussions among the committee members, the proposed resolutions were put to vote. The CoC members successfully approved the resolutions with the requisite majority, marking a positive development in the company's resolution process.

Regulatory Compliance and Documentation

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was formally communicated to both BSE Limited and National Stock Exchange of India Limited on January 13, 2026, ensuring compliance with regulatory requirements.

The successful completion of the 24th CoC meeting demonstrates continued progress in Winsome Yarns Limited's insolvency resolution proceedings, with stakeholders maintaining active participation in the decision-making process under the guidance of the appointed Resolution Professional.