Fratelli Vineyards Ltd — Important, 28-02-2026: Company Update

Fratelli Vineyards announced that 3,63,150 warrants allotted previously have lapsed as holders did not convert them into equity shares by the deadline. Consequently, the company has forfeited the upfront payment of Rs. 2.72 Crore received at the time of allotment for these lapsed warrants. This means the company will not issue new shares for these specific warrants, while retaining the initial payment.