Mohini Health & Hygiene Limited — JV/Acquisition, 21-05-2026: Acquisition

Mohini Health & Hygiene (MHHL) has strategically formed a new subsidiary, Dhananya Capital Private Limited, investing INR 1.275 Cr for a 51% stake. This new entity is set to acquire Winsome Yarns Limited, a company undergoing insolvency proceedings. The move marks MHHL's entry into textile manufacturing and trading, expanding its product portfolio and diversifying operations. This acquisition is a strategic play to revive a distressed asset and unlock new growth avenues within the textile sector.