ALPHA TRIBE

Fratelli Vineyards LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Fratelli Vineyards is undergoing an internal restructuring of its promoter group shareholding. Promoter Bhupinder Kumar Sekhri will acquire 88,89,784 equity shares, constituting 20.54% of the company's share capital, from other promoter group members. This transfer is an off-market gift and involves no cash consideration. Importantly, the overall shareholding of the promoter and promoter group in the company will remain precisely the same after this transaction. This clarifies the internal allocation of shares without altering overall control for shareholders.

No comments yet. Be the first to comment!

All announcements from Fratelli Vineyards Ltd