Board Meeting29 Aug 2026, 10:40 pm
Winsome Yarns Board Approves Borrowing Limit Increase to ₹500 Cr
AI Summary
Winsome Yarns Limited's Board of Directors met on August 29, 2026, to approve unaudited standalone financial results for the quarters ended June 30, 2025, September 30, 2025, and December 31, 2025, along with audited results for the quarter and year ended March 31, 2026. The board also approved a significant increase in the overall borrowing limit to ₹500 crores, subject to member approval. Additionally, limits for asset-backed borrowing, investments, loans, guarantees, and related party transactions were proposed for enhancement.
Key Highlights
- Board approved unaudited financial results for multiple quarters.
- Audited financial results for FY26 were also approved.
- Overall borrowing limit increased to ₹500 crores.
- Limits for investments, loans, and guarantees raised to ₹500 crores.
- Related party transaction limits approved for FY27.
Price Impact
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