Winsome Yarns Ltd

🏛️ NCLT Approves Resolution Plan for Winsome Yarns Ltd

• Resolution plan approved on April 16, 2026, with total value of ₹162.90 crores

• Admitted claims amounted to ₹1,926.88 crores

• Includes ₹137 crores to secured financial creditors

• ₹2.5 crores allocated for CIRP costs

• ₹30 lakhs designated for workmen and employees

• ₹50 lakhs set aside for operational creditors

• Mohini Health & Hygiene to infuse ₹20 crores for overhauling and working capital within 365 days

• Approved by Committee of Creditors with 100% voting share

• Edelweiss Asset Reconstruction holds 83.27% voting rights in CoC

• Moratorium under Section 14 of IBC ceases from approval date