Winsome Yarns Ltd
🏠Winsome Yarns Ltd. Secures INR 20 Cr for Capacity Expansion After NCLT Approval
• NCLT Chandigarh approved the resolution plan on April 16, 2026.
• Pre-CIRP net worth was negative INR 40,897.33 lakh as of FY 2022-23.
• All pre-CIRP liabilities extinguished upon NCLT approval.
• Paid-up capital post-restructuring will be INR 2.63 crore.
• Existing shareholders reduced to 5% ownership; new investor holds 95%.
• Total funding infusion is INR 162.9 crore—INR 137 Cr for secured creditors, INR 20 Cr for capex.
• Resolution applicant is Mohini Health & Hygiene Limited, a BBB- rated medical consumables manufacturer.
• Company shares will remain listed on NSE and BSE.
• INR 20.2 Cr performance security deposited; INR 154 Cr loan sanctioned by Union Bank of India.
• Business strategy focuses on operational turnaround using existing assets.