StockWatch
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Other Textile Products
Board Meeting13 Jul 2026, 06:50 pm

Winsome Yarns Board Meeting on July 16 to Consider Share Reduction

AI Summary

Winsome Yarns Ltd has announced a Board of Directors meeting scheduled for July 16, 2026. The primary agenda items include the fixation of a record date for the reduction, cancellation, and extinguishment of 95% of existing equity shares held by promoters and public shareholders, as per an NCLT order. The meeting will also discuss the issuance of equity shares to prospective allottees in compliance with the NCLT order and SEBI regulations. Additionally, the trading window for designated persons and their immediate relatives will be closed until 48 hours after the announcement of the meeting's outcome.

Key Highlights

  • Board meeting scheduled for July 16, 2026.
  • To consider record date for 95% equity share reduction/cancellation.
  • Will discuss issuance of new equity shares to allottees.
  • Trading window closed for designated persons until outcome announcement.