Fratelli Vineyards Ltd — Important, 28-10-2025: Company Update
28-10-2025 | 04:07 pm
28-10-2025 | 04:07 pm
Fratelli Vineyards' Promoter and Promoter Group reaffirmed their commitment by converting previously allotted warrants into 1,50,000 equity shares at Rs. 300 per share, a price significantly above the current market price. This transaction resulted in a fresh capital infusion of approximately Rs 3.375 Cr into the company. This move underscores the promoters' confidence in the company's long-term growth and strengthens its financial position. The capital will support ongoing business operations, enhance efficiencies, and consolidate its market presence. Promoter shareholding increased from 56.91% to 57.06%, aligning interests with all shareholders.
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