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.

Winsome Yarns Limited , a textile company currently undergoing Corporate Insolvency Resolution Process (CIRP), has failed to submit its unaudited financial results for the quarter and half-year ended September 30, 2025, within the regulatory timelines. The company cited its ongoing CIRP and operational challenges as the primary reasons for the delay.

Key Developments

• Winsome Yarns entered CIRP on December 22, 2023, following an application by Edelweiss Asset Reconstruction Company Limited.
• The company is currently not fully operational and lacks sufficient funds.
• Most employees have left the company since the initiation of CIRP.
• Powers have been transferred from the Board of Directors to the Resolution Professional under insolvency regulations.

Current Status

The Resolution Professional, ARCK Resolution Professionals LLP, provided the following updates:

1. The Committee of Creditors (COC) has approved a Resolution Plan submitted by Mohini Health & Hygiene Limited.
2. An application for approval of the COC-approved Resolution Plan has been filed with the National Company Law Tribunal, Chandigarh Bench, and is pending adjudication.

Reasons for Delay in Financial Results

Company's Statement

Anil Kohli, Designated Partner & Authorized Signatory of ARCK Resolution Professionals LLP, acting as the Resolution Professional, stated, "Despite proper planning and sincere efforts in this direction, we are not in a position to finalize the Financial Results for the quarter and half year ended 30.09.2025."

The company has assured that it is making its best efforts to finalize the financial results and will submit them at the earliest possible time.

Investors and stakeholders are advised to keep these factors in mind when considering Winsome Yarns Limited's current financial position and future prospects. The ongoing CIRP process and its outcome will likely have a significant impact on the company's future operations and financial stability.