ALPHA TRIBE

Fratelli Vineyards LtdImportant, 28-10-2025: Company Update

28-10-2025 | 02:49 pm

Fratelli Vineyards' board approved the allotment of 150,000 new equity shares at Rs. 300 each, converting warrants held by promoters and promoter group. This preferential allotment, valued at Rs. 4.50 Cr, increased the paid-up capital from Rs. 43.28 Cr to Rs. 43.43 Cr. Additionally, the company will provide an unsecured loan of up to Rs. 12 Cr to its wholly-owned subsidiary, Fratelli Wines Private Limited. This loan, repayable on demand with a 10% annual interest, is for the subsidiary's general corporate and business needs, strengthening its operations.

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