Winsome Yarns
2.04
+0.04(+2.00%)
Market Cap₹14.42 Cr
PE Ratio-0.48
IndustryTextiles
Company Performance:
1D+2.00%
1M+24.39%
6M+6.81%
1Y+18.60%
5Y-76.14%
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Latest news about Winsome Yarns
Winsome Yarns Limited Receives NCLT Approval for Resolution Plan Apr 25, 2026
Winsome Yarns Limited has received approval from the National Company Law Tribunal (NCLT), Chandigarh Bench, for its resolution plan under the Insolvency and Bankruptcy Code, 2016. The order was passed on April 16, 2026, and the company disclosed the details pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 on April 24, 2026. Mohini Health & Hygiene Limited has been identified as the successful resolution applicant and will acquire 95% of the company's equity through fresh share issuance. The resolution plan involves a total infusion of INR 162.9 Crores, including INR 137 Crores for secured financial creditors, INR 90 Lacs for operational creditors, and INR 20 Crores for overhaulment and working capital expenditure. The pre-CIRP net-worth of the company was INR (40,897.33) Lakh as per FY 2022-23 audited financial statements. The shareholding structure will undergo significant changes post-resolution. Existing shareholders, including promoters holding 38.67% and public shareholders holding 61.33%, will see their equity written down to 5% on a pro-rata proportionate basis. The resolution applicant will hold 95% of the equity through 25,00,000 fresh shares of INR 10 each. All assets of Winsome Yarns Limited subject to encumbrances will be released free of all securities and liens upon payment to financial creditors. The company will continue as a going concern with its listing maintained on both NSE and BSE.
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More news about Winsome Yarns
25Mar 26
Winsome Yarns Limited Delays Q3FY26 Financial Results Submission Due to CIRP Constraints
Winsome Yarns Limited has delayed submission of Q3FY26 unaudited financial results due to operational constraints under Corporate Insolvency Resolution Process. The company, in CIRP since December 2023, faces limited workforce and funding issues. Committee of Creditors has approved a resolution plan by Mohini Health & Hygiene Limited, pending NCLT approval.
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25Mar 26
Winsome Yarns Limited Concludes 26th Committee of Creditors Meeting Successfully
Winsome Yarns Limited has successfully concluded its 26th Committee of Creditors meeting on February 6, 2026, marking significant progress in its Corporate Insolvency Resolution Process. The meeting, conducted through video conferencing, resulted in the approval of proposed resolutions by the requisite majority of CoC members, with Resolution Professional Anil Kohli overseeing the proceedings.
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25Mar 26
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.
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13Jan 26
Winsome Yarns Limited Appoints M/s Girish Madan & Associates as Secretarial Auditor for Five-Year Term
Winsome Yarns Limited has appointed M/s Girish Madan & Associates as Secretarial Auditor for five consecutive financial years from FY 2025-26 to FY 2029-30, effective January 6, 2026. The appointment, confirmed by shareholders and subject to Committee of Creditors approval, ensures continued compliance with Companies Act, 2013 and SEBI regulations. The peer-reviewed firm brings extensive experience in secretarial audits and corporate compliance advisory services.
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13Jan 26
Winsome Yarns Limited Announces Completion of Independent Director Rajiv Chadha's Five-Year Tenure
Winsome Yarns Limited announced the completion of Mr. Rajiv Chadha's five-year tenure as Non-Executive Independent Director on January 6, 2026. His directorship spanned from the 30th to 35th Annual General Meeting, having been appointed by shareholders on December 11, 2020. The company, currently under CIRP with ARCK Resolution Professionals LLP as Resolution Professional, has fulfilled all SEBI disclosure requirements regarding this routine corporate governance change.
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13Jan 26
Winsome Yarns Limited's 24th Committee of Creditors Meeting Approves Resolutions Under CIRP
Winsome Yarns Limited successfully conducted its 24th Committee of Creditors meeting on November 4, 2025, under CIRP proceedings, with CoC members approving proposed resolutions with requisite majority. The meeting was chaired by Resolution Professional Mr. Anil Kohli of ARCK Resolution Professionals LLP through video conferencing, marking continued progress in the company's insolvency resolution process.
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20Nov 25
Winsome Yarns Fails to Submit Q2 2025 Financial Results Amid Ongoing Insolvency Process
Winsome Yarns Limited, undergoing Corporate Insolvency Resolution Process (CIRP), has failed to submit its Q2 2025 financial results on time. The delay is attributed to operational challenges and the ongoing CIRP. The company entered CIRP on December 22, 2023, and is currently not fully operational with most employees having left. A Resolution Plan by Mohini Health & Hygiene Limited has been approved by the Committee of Creditors and is pending approval from the National Company Law Tribunal.
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31Oct 25
Winsome Yarns Reports Rs 1,730 Lakh Loss Amid Ongoing Corporate Insolvency Resolution Process
Winsome Yarns Limited, under Corporate Insolvency Resolution Process, reported a net loss of Rs 1,730 lakhs for FY 2025, up from Rs 1,094 lakhs in FY 2024. The company's net worth deteriorated to negative Rs 43,721 lakhs. Auditors raised concerns about going concern uncertainty, unprovided interest of Rs 26,434 lakhs, internal control systems, and unconfirmed balances. A resolution plan by Mohini Health & Hygiene Limited has been approved by creditors and awaits NCLT approval. Management prepared financials on a going concern basis, disputing borrowing liabilities.
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11Aug 25
Rajesh Sharma Group Surpasses 5% Stake in Winsome Yarns Ltd
The Rajesh Sharma group has increased their stake in Winsome Yarns from 4.95% to 5.06%, crossing the 5% threshold. This increase was primarily due to the acquisition of 80,759 shares by Dnyaneshwar Trading & Investments Pvt. Ltd on August 7. The group's total holding now stands at 3,580,759 shares. This development has triggered disclosure requirements under SEBI regulations. Rajesh Sharma, as the acquirer, has filed the necessary disclosures with the BSE and NSE.
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Winsome Yarns
2.04
+0.04
(+2.00%)
1 Year Returns:+18.60%
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