# Mohini Health & Hygiene Limited's Board of Directors convened on May 01, 2026, at the company's office in Indore, Madhya Pradesh, to deliberate on key strategic initiatives.

*business · news · 2026-05-02 · scanx.trade*

## Key points

- MHHL's Resolution Plan for Winsome Yarns was approved by NCLT Chandigarh on April 16, 2026.
- Winsome Yarns' creditors face a significant haircut, receiving ₹162.90 Crore for ₹1,926.88 Crore in claims.
- Acquisition will be via an SPV where MHHL owns 51%, with 95% of Winsome Yarns' shares allotted.
- Funding includes MHHL internal accruals and a ₹154 Crore term loan from Union Bank of India.
- Board approved seeking SEBI open offer exemption under Regulation 10(1)(d) for this transaction.

**Companies:** Mohini Health & Hygiene Limited, Union Bank of India, Winsome Yarns Limited
**Countries:** India

[Read the full story on scanx.trade](https://scanx.trade/stock-market-news/companies/mohini-health-hygiene-limited-acquires-winsome-yarns-through-162-90-crore-nclt-approved-resolution-plan/39295074)

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