Winsome Yarns Limited
NCLT approved Winsome Yarns' resolution plan, extinguishing all pre-CIRP liabilities. Existing public shareholders will retain only a 5% equity stake, with no payment. Mohini Health & Hygiene Ltd will infuse capital, acquiring 95% equity.
Apr 24 2026 20:04:00
Winsome Yarns Limited
NCLT Chandigarh Bench approved Mohini Health & Hygiene's resolution plan for Winsome Yarns Limited, valued at ₹162.90 crores. The plan includes a ₹20 crore infusion for working capital and 95% equity for the SRA, ensuring company revival.
Apr 20 2026 15:04:00
Winsome Yarns Ltd - 514348 - Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal
Winsome Yarns Limited's resolution plan, submitted by Mohini Health and Hygiene Limited, received NCLT approval. The plan is valued at ₹162.90 crores, with existing equity reduced to 5% and the SRA acquiring 95% shareholding. A ₹154 crore loan from Union Bank of India will support the plan.
Apr 20 2026 15:04:00
Winsome Yarns Ltd - 514348 - Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal
NCLT Chandigarh Bench has approved the resolution plan for Winsome Yarns Limited, submitted by Mohini Health & Hygiene Limited, on April 16, 2026. The plan is valued at ₹1,629 crores against total admitted claims of ₹1,927 crores, indicating a recovery for creditors.
Apr 20 2026 15:04:00
Winsome Yarns Limited
NCLT Chandigarh Bench approved Winsome Yarns' resolution plan in open court on April 16, 2026. Further details regarding the plan will be submitted upon receipt of the written order.
Apr 17 2026 18:04:00
Winsome Yarns Limited
Winsome Yarns' 28th Committee of Creditors meeting approved resolutions in the Corporate Insolvency Resolution Process (CIRP) on March 25, 2026. This significant step towards resolving the insolvency involved resolutions put to vote and approved by the CoC members with requisite majority.
Apr 17 2026 18:04:00
Winsome Yarns Ltd - 514348 - Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal
Winsome Yarns Limited's resolution plan was approved by the NCLT Chandigarh Bench on April 16, 2026. This approval, under Section 30(6) and 31(1) of the IBC 2016, marks a key step in the Corporate Insolvency Resolution Process.
Apr 17 2026 17:04:00
Winsome Yarns Ltd - 514348 - Announcement under Regulation 30 (LODR)-Meeting Updates
Winsome Yarns' 28th Committee of Creditors (CoC) meeting was successfully convened on March 25, 2026. Proposed resolutions were approved by CoC members with the requisite majority, a step forward in its Corporate Insolvency Resolution Process (CIRP).
Apr 17 2026 17:04:00
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