Winsome Yarns Approves Share Reduction and New Promoter Issue

Winsome Yarns Limited's Board of Directors met on July 16, 2026, to approve a significant corporate restructuring. This includes the reduction and cancellation of existing equity shares held by erstwhile promoters and public shareholders, effective July 31, 2026. Concurrently, the company will issue 25,00,000 equity shares at a face value of ₹10 each to Dhananya Capital Private Limited, making them the new promoters with a 95% post-issuance shareholding. The board also approved amendments to the MOA and AOA, subject to shareholder approval, and constituted various board committees including Audit, Nomination & Remuneration, Stakeholders Relationship, and Risk Management.