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Trading & Distributors
Rights Issue5 Oct 2026, 06:50 pm

Fratelli to raise up to ₹30 Cr via Rights Issue

AI Summary

Fratelli Vineyards Limited's Board of Directors approved a Rights Issue to raise a maximum amount of up to ₹30 Crores (Rupees Thirty Crores Only). The company has released the Draft Letter of Offer dated October 5, 2026, for this proposed issue of partly-paid up equity shares to its eligible shareholders. The Record Date, issue price, and ratio for the Rights Issue will be notified later, and the fundraising is subject to necessary regulatory approvals.

Key Highlights

  • Board approved Rights Issue to raise up to ₹30 Crore.
  • Draft Letter of Offer for the Rights Issue has been released.
  • Issue involves partly-paid equity shares to eligible shareholders.
  • Record Date, issue price, and ratio will be announced later.