Outcome of Board Meeting

Winsome Yarns Limited Regd. Office : Basement, SCO 13-14-15 Sector 34-A, Chandigarh – 160022 INDIA CIN : L17115CH1990PLC010566 P hones : 9780078797 E-mail : winsomeyarnslimited@gmail.com W ebsite : winsomeyarns.com Date: 16.07.2026 Scrip Code: 514348 Symbol : WINSOME Corporate Compliance & Listing Centre Listing Department BSE Limited National Stock Exchange of India Ltd 1st Floor, New Trading Ring "Exchange Plaza" Rotunda Building, P. J. Towers Bandra-Kurla Complex Bandra (E), Dalal Street, Fort, MUMBAI-400001 MUMBAI – 400051 Subject: Outcome of Board Meeting dated July 16, 2026. Reference: i) Disclosures made pursuant to Regulation 30 read with Part A, Para A of Schedule III to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), by Winsome Yarns Limited ii) SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 iii) Disclosure dated April 17, 2026, April 20, 2026 and April 24, 2026 in relation to the approval of the resolution plan by the Hon’ble National Company Law Tribunal (“NCLT”) vide order dated April 16, 2026 as submitted by the Successful Resolution Applicant, namely Mohini Health & Hygiene Limited (“SRA”) under the relevant provisions of the Insolvency and Bankruptcy Code, 2016 (“Code”). Dear Sir/ Madam, In compliance with the relevant provisions of Regulation 30 read with Part A, Para A of Schedule III along with such other applicable provisions of the Listing Regulations subject to the provisions of the approved resolution plan and NCLT Order dated April 16, 2026 (“NCLT Approval Date”) pursuant to the provisions of the Code, and in reference with the captioned subject, we, Winsome Yarns Limited ("the Company") hereby informs you that the duly constituted Board of Directors in its meeting held today viz. July 16, 2026, through audio and visual means, interalia considered, discussed and took on record the following businesses: 1. To give effect to the reduction, cancellation and issue of equity shares to the existing shareholders whose names appears as on the record date fixed by the Company (i.e. July 31, 2026), pursuant to above referred Resolution Plan as approved by Hon’ble NCLT order dated April 16, 2026, in the following manner: a) Erstwhile Promoters shareholding: Post reduction, Equity Shares of Erstwhile Promoters shall be reduced from 2,73,39,609 to 0 shares. b) Existing Public shareholding: Post reduction, Equity Shares of public shall be reduced from 4,33,67,620 to 1,31,579 shares. 2. Fixation of Record Date for the aforesaid reduction as Friday, July 31 2026 (Record Date) for cancellation and extinguishment of existing paid-up equity share capital held by the erstwhile promoters and existing public shareholders of the Company. 3. Approved issuance of 25,00,000 Equity Shares at a face value of Rs. 10/- per shares (Rupees Ten Only) which shall rank paripassu basis in all respects with the existing equity shares to the below-mentioned prospective promoters of the Company, in accordance with the NCLT Order: S.no Prospective Promoter Total no. of Equity Shares Shareholding Percentage (%) Pre-Preferential Post-Preferential Pre-Preferential Post-Preferential shareholding shareholding shareholding shareholding 1 Dhananya Capital Nil 25,00,000 Nil 95% Private Limited 4. Constitution of Committees of Board: Winsome Yarns Limited Regd. Office : Basement, SCO 13-14-15 Sector 34-A, Chandigarh – 160022 INDIA CIN : L17115CH1990PLC010566 P hones : 9780078797 E-mail : winsomeyarnslimited@gmail.com W ebsite : winsomeyarns.com a) Audit Committee: Pursuant to the provisions of Section 177 of the Companies Act, 2013 (“the Act”), read with the provisions of the SEBI Listing Regulations, 2015 and the rules framed thereunder, the Audit Committee of the Board shall comprise the following members: S.no Name Designation Position 1. Mahesh Fogla Non-executive Chairperson Independent Director 2. Avnish Sarvapriya Bansal Non-executive Director Member 3. Sanjeev Nahar Non-executive Member Independent Director 4. Bibhudutta Satpathy Non-executive Independent Member Director b) Nomination & Remuneration Committee: Pursuant to the provisions of Section 178 of the Companies Act, 2013 (“the Act”), read with the provisions of the SEBI Listing Regulations, 2015 and the rules framed thereunder, the Nomination & Remuneration Committee of the Board shall comprise the following members: S.no Name Designation Position 1. Sanjeev Nahar Non-executive Chairperson Independent Director 2. Mahesh Fogla Non-executive Member Independent Director 3. Avnish Sarvapriya Bansal Non-executive Director Member 4. Bibhudutta Satpathy Non-executive Independent Member Director c) Stakeholders Relationship Committee: Pursuant to the provisions of Section 178 of the Companies Act, 2013 (“the Act”), read with the provisions of the SEBI Listing Regulations, 2015 and the rules framed thereunder, the Stakeholders Relationship Committee of the Board shall comprise the following members: S.no Name Designation Position 1. Sanjeev Nahar Non-executive Chairperson Independent Director 2. Mahesh Fogla Non-executive Independent Member Director 3. Avnish Sarvapriya Bansal Non-executive Director Member d) Risk Management Committee: Pursuant to the SEBI Listing Regulations, 2015 and the rules framed thereunder, the Risk Management Committee of the Board shall comprise the following members: Winsome Yarns Limited Regd. Office : Basement, SCO 13-14-15 Sector 34-A, Chandigarh – 160022 INDIA CIN : L17115CH1990PLC010566 P hones : 9780078797 E-mail : winsomeyarnslimited@gmail.com W ebsite : winsomeyarns.com S.no Name Designation Position 1. Sanjeev Nahar Non-executive Chairperson Independent Director 2. Vipan Kumar Executive Member Director 3. Avnish Sarvapriya Bansal Non-executive Director Member 5. Adoption of amended Memorandum of Association (“MOA”) of the Company as per Companies Act, 2013 subject to approval of shareholders of the Company. 6. Adoption of new set of Articles of Association (“AOA”) of the Company as per Companies Act, 2013 subject to approval of shareholders of the Company. 7. Alteration in object clause of Memorandum of Association in order to expand business of the Company with the proposed business dynamics subject to approval of shareholders of the Company. The detailed disclosure with respect to issuance of Equity Shares as required to be furnished pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI Listing Regulations and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, is enclosed herewith as an “Annexure The detailed disclosure with respect to alteration of Object Clause in Memorandum of Association as required to be furnished pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI Listing Regulations and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, is enclosed herewith as an “Annexure B”. The Board meeting commenced at 4:00 P.M. and concluded at 04:31 P.M. Kindly take the same on record. Thanking You For Winsome Yarns Limited Vipan Kumar Additional Director DIN: 11551026 Date: 16.07.2026 Winsome Yarns Limited Regd. Office : Basement, SCO 13-14-15 Sector 34-A, Chandigarh – 160022 INDIA CIN : L17115CH1990PLC010566 P hones : 9780078797 E-mail : winsomeyarnslimited@gmail.com W ebsite : winsomeyarns.com Annexure A The details with respect to the issuance of Equity Shares as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026 as amended. S.no Particulars Disclosures 1 type of securities proposed to be issued (viz. Equity Shares equity shares, convertibles etc.); 2 type of issuance (further public offering, Preferential Issue rights issue, depository receipts (ADR/GDR), qualified institutions placement, prefe [Showing first 8,000 characters — download PDF for full document]