Fratelli Vineyards Limited has disclosed the outcome of its Rights Issue Committee meeting held on October 26, 2026, pursuant to Regulations 30 and 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure follows the initial board approval for the rights issue granted on October 1, 2026.

Key Quantitative Figures

  • Issue Size: Aggregate amount not exceeding ₹30 Crore (₹30,00,00,000)
  • Number of Shares: Up to 33,18,503 (33,18,503) partly paid-up equity shares
  • Face Value: ₹10 per share
  • Paid-up Value: ₹6.00 paid-up per equity share at issuance
  • Issue Price: ₹90 per rights equity share (consisting of ₹10 face value + ₹80 premium)
  • Maximum Proceeds: Up to ₹2,986.65 Lakh (₹29,86,65,000) assuming full subscription and receipt of all call monies

Payment Schedule

  • On Application (60%): ₹54 per share (₹6 face value + ₹48 premium)
  • Subsequent Call(s) (40%): ₹36 per share (₹4 face value + ₹32 premium) to be determined by the Board/Committee at its sole discretion
  • Total Payment: ₹90 per share (₹10 face value + ₹80 premium)

Capital Structure Impact

  • Pre-Rights Issue Outstanding Shares: 4,34,72,394 equity shares of ₹10 each
  • Post-Rights Issue Outstanding Shares: 4,67,90,897 equity shares of ₹10 each (assuming full subscription and payment of call monies)
  • Dilution: The issue would increase outstanding shares by approximately 7.63% if fully subscribed

Rights Entitlement Ratio

10:131 - Meaning 10 rights equity shares for every 131 equity shares held as on the record date.

Key Dates

  • Record Date: Friday, October 30, 2026 (for determining shareholder eligibility)
  • Issue Opening Date: Friday, November 6, 2026
  • Last Date for On-Market Renunciation: Thursday, November 12, 2026
  • Last Date for Off-Market Renunciation: Monday, November 16, 2026
  • Issue Closing Date: Tuesday, November 17, 2026

Additional Terms

  • The company will make arrangements with NSDL and CDSL for credit of Rights Entitlements in dematerialized form
  • The ISIN for Rights Entitlements will be intimated in due course
  • Other terms including fractional entitlements and detailed issue schedule will be included in the Letter of Offer

Meeting Details

The Rights Issue Committee meeting commenced at 12:30 pm and concluded at 1:45 pm on October 26, 2026.

Disclosure Requirements

The company has enclosed Annexure A as required under Regulation 30 of SEBI Listing Regulations, which confirms:

  • Type of securities: Partly paid-up Equity Shares
  • Type of issuance: Rights Issue
  • The disclosure will be hosted on the company's website: www.fratelliwines.in