26-Oct-2026 14:07:04
FRATELLI VINEYARDS : LAUNCHES RIGHTS ISSUE WORTH OVER RS 29.8 CR
• Board committee approves rights issue of up to 33,18,503 partly paid-up equity shares at ₹90 per share (₹10 face value plus ₹80 premium) • Issue size up to ₹2,986.65 Lakh (~₹29.87 Cr) assuming full subscription and receipt of all call monies • Rights entitlement ratio 10:131, i.e. 10 rights shares for every 131 equity shares held • ₹54 per share (60%) payable on application; balance ₹36 per share (40%) in one or more subsequent calls • Record date fixed as October 30, 2026; issue opens November 6, 2026 and closes November 17, 2026 • Outstanding equity shares to rise from 4,34,72,394 to 4,67,90,897 post issue on full subscription Impact: Neutral (Rights issue funds the company but brings dilution; partly paid structure spreads cash inflow over calls)
Fratelli Vineyards Ltd
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