💡 NCLT approved acquisition of Winsome Yarns for Rs. 162.90 Cr, enabling backward integration in textiles.
What Happened
Mohini Health & Hygiene Limited has received formal approval from the National Company Law Tribunal (NCLT), Chandigarh Bench, for its resolution plan to acquire Winsome Yarns Limited. The acquisition, valued at Rs. 162.90 crores, will give Mohini Health & Hygiene a 95% stake in the textile manufacturing company. The NCLT order was issued on April 16, 2026, and the company has 365 days from that date to complete the acquisition process.
Key Details
- Company: Mohini Health & Hygiene Limited
- Event Type: M&A
- Filing Date: 20-Apr-2026 18:33:56
- NSE Filing: View Document
Why It Matters
This acquisition represents a significant strategic move for Mohini Health & Hygiene, marking its entry into the textile manufacturing sector through the corporate insolvency resolution process (CIRP). The company aims to achieve backward integration and generate economies of scale by acquiring Winsome Yarns, which manufactures melange, dyed, organic, and blended yarns along with knitwear products. The acquisition at an attractive valuation under the CIRP framework could potentially enhance Mohini's operational capabilities and market reach in the textile value chain, diversifying its business portfolio beyond its current health and hygiene focus.
Disclaimer: This is publicly available information sourced from NSE. Not investment advice.
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