Winsome Yarns Limited Announces Major Shareholding Restructuring and Business Expansion

Winsome Yarns Limited Announces Major Shareholding Restructuring and Business Expansion​

Winsome Yarns Limited has announced a significant restructuring of its shareholding pattern and a strategic expansion of its business operations following a Board meeting held on July 16, 2026. The changes are being implemented in accordance with the resolution plan approved by the National Company Law Tribunal (NCLT) on April 16, 2026.

Shareholding Restructuring and Preferential Issue​

The company has approved a significant reduction and cancellation of existing equity shares. This restructuring will impact both erstwhile promoters and existing public shareholders. The company has fixed July 31, 2026, as the record date for the cancellation and extinguishment of the current paid-up equity share capital.

The following table outlines the shift in shareholding post-reduction:


To facilitate the new ownership structure, Winsome Yarns Limited will issue 25,000,000 fresh equity shares at a face value of Rs. 10 each on a preferential basis to Dhananya Capital Private Limited. This issuance will rank parity with existing equity shares in all respects.

The transaction details are as follows:


Following the allotment, Dhananya Capital Private Limited will hold a 95% shareholding stake in the company.

Expansion of Business Objects​

In tandem with the restructuring, the Board has approved an amendment to the Object Clause of the Memorandum of Association (MOA). The proposed changes aim to expand the company's business dynamics into real estate development and infrastructure construction.

The expanded scope includes:

• Acquisition, development, and management of residential, commercial, industrial, and mixed-use projects.
• Construction and operation of hotels, malls, office complexes, warehouses, and logistics parks.
• Acting as builders, developers, infrastructure contractors, and project management consultants.
• Engaging in construction for government, semi-government, and private entities.

These changes to the MOA and the adoption of a new set of Articles of Association (AOA) are subject to shareholder approval.

Board Committee Constitutions​

The company also formalized the constitution of its key board committees:

Audit Committee

Nomination & Remuneration Committee

Stakeholders Relationship Committee

Risk Management Committee

WINSOME Stock Price Movement​

Winsome Yarns Limited shares rallied 1.88% today to settle at ₹2.17 in post-market activity. The stock traded with a volume of 138,536 shares as it outperformed its previous close of ₹2.13.